There are Montanans who, because of their circumstances, could benefit from having a Power of Attorney (POA). A POA is a document in which one person gives another person the power to conduct certain actions on his or her behalf. Examples of situations in which a written POA could be useful include:
- A single woman whose mother has Alzheimer’s disease realizes she would need someone to make financial decisions if she develops the same condition.
- An adult with a cognitive or psychiatric disability who lives and works independently, but needs assistance with financial decisions.
- An elderly grandmother with macular degeneration wants her daughter to identify bills received in the mail and write checks for them because she can no longer see.
- A wife and husband who want to give each other authority to manage finances should either one should become incapacitated.
Click here to learn more about Power of Attorney.