Why is a Durable General Power of Attorney important?

April 21, 2017  

A Power of Attorney is important to have because it allows the person you have named the ability to handle financial matters for you if you are unable to do so.  By having this document in place, you avoid the need for a guardianship, which can be quite costly. Guardianships need to be applied for in situations where people do not have either a healthcare or financial power of attorney.