Medical Power Of Attorney Protect For Free

So while, as a POA, you don't need to pay the principal's bills out of your own pocket, you do have some important financial responsibilities. Through the POA, you serve as an agent and fiduciary for the principal. That role makes you responsible for properly managing their money, assets, and debts.

You need to choose someone you trust to be your attorney, as they'll have the power to make decisions about: your medical treatment.

A medical power of attorney is a legal document that names one person the health care agent of another person. The agent has the ability to make health care decisions and the responsibility to make sure doctors and other medical personnel provide necessary and appropriate care according to the patient's wishes.

Healthcare Proxy and Power of Attorney Responsibilities A health care proxy has the authority to make medical decisions and a power of attorney has the authority to make financial decisions. So while a health care proxy may choose a senior living community, the power of attorney must release the funds to pay for it.

A financial power of attorney lets you give someone legal authority to make financial decisions in the event you're unable to. This can include managing finances, defending lawsuits, and paying bills. A medical power of attorney, on the other hand, only allows your agent to make decisions about your medical affairs.

The person that you name as your Medical Power of Attorney representative can make any decisions related to your healthcare that you allow. These decisions could include giving, withholding or withdrawing informed consent to any type of health care, including but not limited to, medical and surgical treatments.

Healthcare Or Medical Power Of Attorney It's essential to recognize that this type of POA carries an extremely low risk for the agent, and no agent will be held financially responsible for the medical bills of the grantor.