The Most Important Documents
I’m often asked what is the most important, a Will or Trust? My answer is that a durable power of attorney is more important than either of those.
If you don’t have a durable power of attorney (and healthcare power of attorney), your rights to manage your private affairs can be ripped away from you during your lifetime and given to a complete stranger, maybe even an overworked Government worker at Adult Protective Services.
Powers of attorney let you decide now who will be in charge and how much power they will have.