Continuing my series on routine planning to assist family and friends in the event of incapacity or death, this month’s article focuses on the creation and use of a “power of attorney.”
People often assume that the phrase power of attorney has something to do with a lawyer. The term “attorney” often involves lawyers, but it actually applies to persons authorized to act on behalf of another.
So, for our purposes here today, keep in mind that lawyers need not be involved at all. Which is not to say they should not be involved, but only that it is not required.