There are various reasons why a person would want or need a power of attorney. Ranging from a looming healthcare crisis that may render a person less effective in making healthcare of life-altering decisions to simple aging issues that stand in the way of conscious decision-making, a power of attorney, when used properly, can be the ensure peace of mind and protection of assets for the person in question. However, it is also helpful to know exactly which types of power of attorney documents exist. For example, an Arizona durable power of attorney is a completely different document than its more traditional counterpart.
A power of attorney in most circumstances is rendered ineffective if the person in question dies or becomes incapable of making decisions. However, an Arizona durable power of attorney, which can be purchased in just about any state, is just as it says: durable. Meaning once the person in question grants the power of attorney, it lasts until the person passes away, no matter how incapacitated they get.
This is very helpful for people with progressive health conditions that anticipate problems down the road and want to grant other people in their lives the ability to make important decisions and take action on their behalf. However, when setting up an Arizona durable power of attorney, it is important to make the decision of who to appoint with extreme care and caution.
When you give someone power of attorney, you are, in effect, rendering yourself unable to make your own decisions. This means that someone else in your life has the ability to make your decisions, so you want to ask someone to do this that you trust implicitly. When it comes to an Arizona durable power of attorney, there is a great risk of abuse on the part of the person that has been granted the power of attorney, so talk your decision over with close family members and friends.
An Arizona durable power of attorney can be a lifesaver for people that want to know that decisions will be made in the same way they would have made them should there come a time when this is necessary. Choose wisely and make sure to understand all of the rules that come along with granting someone administer your Arizona durable power of attorney before signing on the dotted line.