{"id":625,"date":"2021-04-02T09:08:27","date_gmt":"2021-04-02T09:08:27","guid":{"rendered":"https:\/\/epicdevsite.info\/2022-evanscase\/?p=625"},"modified":"2021-04-02T09:08:27","modified_gmt":"2021-04-02T09:08:27","slug":"why-do-i-need-medical-financial-powers-of-attorney","status":"publish","type":"post","link":"https:\/\/epicdevsite.info\/2024-EvansCase\/why-do-i-need-medical-financial-powers-of-attorney\/","title":{"rendered":"Why Do I Need Medical & Financial Powers of Attorney?"},"content":{"rendered":"
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Powers of attorney are key tools for\u00a0incapacity and estate planning<\/a>, granting another individual the legal authority to make certain important decisions for you when you are not able to make them for yourself. While powers of attorney can focus on medical or financial decisions, they can also be as general, specific, limited, or expansive as you want.<\/span><\/p>\n

No matter what type of powers of attorney best fit your circumstances, these devices can provide priceless peace of mind to you\u00a0and<\/em>\u00a0your loved ones. Here\u2019s why and how.<\/span><\/p>\n

How Medical Powers of Attorney Work in Colorado<\/span><\/h2>\n

Also referred to as \u201cadvanced care directives\u201d or \u201cpowers of attorney for health care,\u201d medical powers of attorney appoint an agent (or an \u201cattorney-in-fact\u201d) to make decisions regarding health care. This can include decisions regarding medical interventions and treatments, nursing home care, and resuscitation orders.<\/span><\/p>\n

Although medical powers of attorney can take effect whenever you see fit, many choose to set these devices in action if or when certain conditions\u2014like terminal illness, coma, or dementia\u2014are present. Depending on the power of attorney documents, the agent may also be granted the authority to handle related needs, like (but not limited to):<\/span><\/p>\n