How Should I Choose My Agent for My Durable Power of Attorney? (Video)
Hi. I’m Gary, the owner of DeWitt law. We do estate planning well. Go to DeWitt.law now to get started with a free meeting.
Choosing the agent or attorney-in-fact for your durable power of attorney is perhaps one of the most important decisions you can make. Here are some things you should consider.
- They need to meet the legal requirements in your state
- They must be ready, willing, and able to act on your behalf and in your best interest
- Your agent must be able to act in your best interest, not in their best interest
- This person should be someone you trust to manage your financial, legal, and personal decisions
- For healthcare, they should know your choices and wishes
- Knows what is important to you
This is a very important decisions. It doesn’t have to be your oldest child because they are oldest. Everybody has strengths, and you should use those strengths. If your youngest is a financial advisor and your oldest a nurse, then perhaps the youngest should be in charge of finances and the nurse in charge of healthcare.
You have 2 choices – plan or don’t plan.
Without a plan, you lose control to state law and a Judge.
With a plan, you stay in control.
Go to DeWitt.law now to start your plan with a free meeting.