Sharon Ravenscroft Estate Planning Blog
Your Powers of Attorney Need to be Effective Immediately
Powers of attorney for finances or health need to be effective immediately, and not just effective once you have been declared incapacitated. If you are ill in the hospital or laid up at home, you really likely will need assistance right then, to deal with billing departments, banking and health care providers. There is no need to wait until a doctor has declared you incapacitated. Having your agents have immediate power to assist you when you need it is best.