Healthcare vs. Financial POA

Legal and Financial
Written By Shanna Bennett

Healthcare POA

Helps with

  • Deciding medical treatment

  • Hiring home health care

  • Seeing medical records

Share the document with

  • Their doctor and health care providers

  • Anyone named to help make decisions

Bring a copy any time you go to the hospital.

Does NOT require notarization*

*Notarization is the process of having a signature verified to make sure that a document is real and can be trusted

 

Financial POA

Helps with:

  • Paying bills

  • Real estate transactions

Share the document with:

  • Their bank and other financial institutions

  • Anyone named to help make decisions

Some states require notarization*

*Notarization is the process of having a signature verified to make sure that a document is real and can be trusted

 

Expert Tip

When your care recipient signs their POA, they get to choose people they trust in making decisions. This gives them more control in making sure that their wishes are followed.

Contact your local Area Agency on Aging to ask more questions about power of attorney. You can also pay for this service through an elder law attorney.

 
Shanna Bennett https://www.bennettmediagroup.com
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