Understanding the Power of Attorney: Types, Setup, and Key Considerations
Explore the crucial role of Power of Attorney in safeguarding your interests. This article delves into the different types, such as general, durable, limited, and medical POA, and their unique purposes. Learn about setting up a POA, choosing the right agent, and understanding the legal formalities to ensure your wishes are respected. Stay informed about the benefits, risks, and importance of regular reviews to keep your POA effective.