Need a Power of Attorney for an Elderly Parent? DoNotPay Has Your Back
Whether your elderly parents have health issues or not, executing a power of attorney (POA) is a precaution that can be immensely helpful. Although it’s best to be prepared for every possible outcome, setting up a POA document can be tricky.
You shouldn’t worry because DoNotPay is here to help! We’ll explain everything about these documents and generate a power of attorney for your elderly parent in no time!
A power of attorney is a legal document allowing one person—the agent—the right to make decisions on behalf of another person—also known as the principal. Such a document is of utmost importance if your elderly parent cannot take care of themselves or their finances.
If your aging parent needs you to make tough medical decisions in their stead—such as ceasing medical treatment or taking them off life support in the future—you will need an advance healthcare directive.
In case they need your help with decisions regarding other matters, there are four types of POA you should check out, including:
A general POA is used for making both financial and health care decisions on your parents’ behalf. It lasts while the principal is in a good mental state. If they become mentally or physically incapacitated, the POA will be automatically terminated.
A durable POA gives the agent powers both before and after the principal’s illness. It lasts until:
- The death of the principal
- The agent is unable and unwilling to perform their role
- Revocation by the principal
A limited POA allows the agent to perform actions specified in the power of attorney letter. There are also time limitations set on the agent’s rights.
A financial POA gives the agent powers to oversee the principal’s finances, pay bills and handle financial matters.
A springing POA takes effect when the principal is physically or mentally incapable of making financial decisions.
To set up a power of attorney for your aging parent, you will need their consent while they’re still of sound mind.
Check out the table below to see what POA aspects you need to discuss with your parent:
|Agent choice||You need to decide who will act as the POA agent. That person should be qualified, trustworthy, and have the best intentions for the principal|
|Financial control||The POA must determine what will happen with your parent’s savings, property, and daily expenses, such as:
|Document execution||You and your parent need to sign the document in front of a notary. The public official will confirm that you are:
|Consult with an elder law attorney||It is recommended that you consult with an elder law attorney because the legislation governing POAs is different in every state|
Here are the common questions regarding POA documents:
- Do you need a lawyer to draft a power of attorney?
- Does a power of attorney need to be notarized?
- Can a POA agent change a will?
A lawyer isn’t required for the preparation of a POA document. If the agent is receiving significant powers, a legal expert might come in handy to review the document.
You’ll probably have to get your POA notarized because most states mandate this step.
The notarization process can be time-consuming and tedious, but DoNotPay will turn it into a piece of cake!
With our Notarize Any Document product, you’ll be able to get your POA notarized from the comfort of your home. Here’s how it works:
- Sign up for DoNotPay
- Select our Notarize Any Document
- Upload the POA
- Give us your email address
We will set up an appointment with an online notary, and the procedure will be as efficient as possible.
A POA can’t grant the agent the authority to create, make, revoke, or alter a will.
Want to get a POA document without any complications? DoNotPay’s Create a Power of Attorney product can help! Follow a few easy steps:
- Sign up for DoNotPay
- Select our Create a Power of Attorney product
- Gives us the details of the arrangement
Once you submit your request, we will generate the document for you. Our Notarize Any Document is integrated with the Power of Attorney feature, so we will offer to set up an appointment with a remote notary during the creation process.
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