Your agent will be entrusted to act in your best interest for whatever tasks are specified in the POA. You need to decide which trusted family member, friend, or attorney to list as your agent. Let's take a look at some steps you'll need to take to get a power of attorney. A springing power of attorney lets you keep control over your affairs until the triggering event occurs.įor many, the triggering event is a doctor deeming you incapacitated, which is why this type of POA is often durable. For example, you may write a POA that takes effect only when you turn 82 years old. This type of POA “springs” into effect if a specified event or medical condition occurs. Some people choose to create several special POAs, each one listing a different agent and assigning a specific power.Ī limited POA expires after the task is finished or after the time listed in the document. For example, you may specify that your agent may cash checks for you. It's much more restrictive than a general power of attorney. 2 Limited (Special) Power of AttorneyĪ limited or special power of attorney gives your agent the ability to carry out a specific task on your behalf. Your listed agent, however, doesn't have any authority until a physician declares that you, the principal, are mentally incompetent. Once signed, the medical power of attorney document takes effect immediately. Some of the areas over which they have authority include: They'll also make sure all your medical providers follow your do-not-resuscitate form or living will.Įxpert Tip: Need help getting started with your living will? Head to our guide on how to make a living will. Medical Power of AttorneyĪ medical power of attorney has you list a health-care agent who will make medical decisions on your behalf if you're unable to do so. Since most older adults need a POA only in case they become incapacitated, this is the preferred type. Even if you are mentally incapacitated or deemed unfit to make decisions for yourself, your agent can still act on your behalf. Durable Power of AttorneyĪ durable power of attorney gives your agent the right to make decisions and take the actions specified for the long term. It expires when you become incapacitated (unless you make it a durable general power of attorney) or pass away. Typically, the document is used only for a short period of time.
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