How to Get Power of Attorney. You may need to grant someone power of attorney if you are incapable of handling all or part of your affairs for a period of time. The process varies from state to state, but in most cases it involves filling out a form and having general financial power of attorney california pdf notarized.
Talk to your loved one. If your loved one is ill and may be unable to make medical or financial decisions in the future, he or she may decide to grant power of attorney to someone. In order for someone to grant power of attorney, he or she must be of sound mind. Talk to your loved one to make sure he or she understands what it means to sign over power of attorney.
You must emphasize that they will vacate their decision-making authority. Choose someone to be the agent. Because the decisions that the person holding power of attorney makes are legally considered the decisions of the principal, it’s vital that the agent be someone you trust absolutely and without question. Consider how close the candidate is to the principal.
Geographic proximity may also be desirable. Consider whether the candidate is in good health. An agent should be in good health and not likely to become incapacitated. Consider whether you may wish to assign different agents for financial and medical decisions. Power of attorney is a huge responsibility. You may wish to discuss granting separate financial and medical powers of attorney to different people.
This will reduce the burden on one person. Determine what type of power of attorney is needed. People can be granted power of attorney to act on medical or financial matters. A medical power of attorney enables someone to make medical decisions for a person who has become incapacitated. A financial power of attorney enables someone to make financial decisions for the person who grants it.