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Choosing a power of attorney in New York

On Behalf of | Jun 19, 2018 | Estate Planning

It’s not easy to talk about end of life plans with your significant other or even your adult children. No one wants to think about death. However, it is important so you are prepared and your family is not left in the lurch. One of the most important parts of planning your estate is picking a power of attorney. Following are some tips for making the selection.

You will want to choose a person you trust will make decisions in your best interest. This person needs to be someone who understands your wishes and will operate following your directives and your will rather than what your family members want or tell them to do.

It’s also a good idea to pick someone who is younger than you. If you pick a person who is your age or older, it is possible that you will need to replace that person should he or she precede you in death.

The person you choose to be your power of attorney should be someone who is comfortable talking with doctors, attorneys, accountants and other professionals about difficult topics.

Your choice for power of attorney should also have an understanding of finances in order to properly handle your money if you are no longer able to do so yourself. This will ensure that your bills continue to get paid.

Finding the right person to be your power of attorney in New York can be difficult if you don’t have someone you trust with your life. You should not select just anyone. It needs to be a smart decision.

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