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An advance healthcare directive, also known as living will, personal directive, advance directive, medical directive or advance decision, is a legal document in which a person specifies what actions should be taken for their health if they are no longer able to make decisions for themselves because of illness or incapacity. In the U.S. it has a ...
A financial power of attorney is a legal document that grants an individual (the agent) the authority to manage the financial matters of another person (the principal).
For example, a legal guardian might be granted the authority to make decisions regarding a ward's housing or medical care or manage the ward's finances. [2] Guardianship is most appropriate when an alleged ward is functionally incapacitated, meaning they have a lagging skill critical to performing certain tasks, such as making important life ...
Power of attorney. A power of attorney (POA) or letter of attorney is a written authorization to represent or act on another's behalf in private affairs (which may be financial or regarding health and welfare), business, or some other legal matter.
“Financial decisions are complex, and most people need help,” says Pharr. “Meeting with a financial advisor and getting a plan in place can be an enormous relief for most people.
In 1987, in Riese v. St. Mary's Hospital and Medical Center, the California State Court of Appeals declared that these patients had the right to exercise informed consent regarding the use of antipsychotic drugs, except in an emergency, and if they rejected medication "a judicial determination of their incapacity to make treatment decisions ...
A good financial advisor takes into account your family, age, career and priorities when crafting your financial goals, and then helps you find out how to reach them. Keep in mind that goals change.
If a patient is unable to make decisions for themselves about personal care, a surrogate agent must make decisions for them. If there is a durable power of attorney for health care, the agent appointed by that document is authorized to make health care decisions within the scope of authority granted by the document. If people have court ...