Creating a power of attorney is a critical step in the estate planning process. If you want to protect yourself and your loved ones should you ever become incapacitated, turn to the Law Office of Cheryl Takabayashi in Honolulu, HI. Here, this respected probate law attorney shares a few reasons why you should create a POA sooner rather than later.

3 Reasons to Create a Comprehensive Power of Attorney

1. To Establish Conservatorship

If you become incapacitated without having created a power of attorney, the court will appoint a conservator to manage your financial affairs. In this case, you will have no input in the selection process, and there is no way to guarantee the court-appointed conservator will act in your best interests. With a POA, you can establish conservatorship before anything happens to you. That way, you can enjoy peace of mind knowing you will be in good hands should tragedy strike.

2. To Set Forth Health Care Directives

Do you have an opinion one way or the other regarding life support? You can use a POA to set forth any health care directives and requests regarding end-of-life care. This will lift a significant burden from your loved one’s shoulders should you become incapacitated, as they will have your wishes in front of them in black and white.

3. To Grant Access to Critical Assets

A comprehensive POA will contain provisions that grant the agent immediate access to critical assets, like safety deposit boxes or digital accounts. This will allow your family to continue paying bills or accessing the funds they need to maintain their lifestyle while you are incapacitated.

If you want to create a comprehensive power of attorney, turn to the Law Office of Cheryl Takabayashi in Honolulu, HI. Visit her website to learn more about creating a general power of attorney, and call (808) 537-2027 to schedule an initial consultation today.