Estate planning can give you the confidence that your family is protected. Dorko Wealth & Estate Planning is here to help.
Healthcare Power of Attorney In Berks County
What Is a Healthcare Power of Attorney?
A healthcare power of attorney (also known as a healthcare proxy or advanced medical directive) is a legal document that gives another person authority to make medical decisions on your behalf if you are unable to do so. You can grant this authority to anyone you trust, including a family member, close friend, or professional healthcare adviser. If you are unable to make decisions for yourself, your healthcare power of attorney can make important medical decisions for you, including whether you should be taken to the emergency room or whether you should receive specific treatments. This document can also be used to appoint a guardian for your children or other dependents if you are unable to make decisions for them.
Since a healthcare power of attorney is a legal document, it is very important that you choose someone you trust and that you feel comfortable talking with about your medical history. This document can be updated at any time, so you can change your healthcare power of attorney if you decide to do so.
Who Should You Choose as Your Healthcare Power of Attorney?
Choosing the right person to appoint as your healthcare power of attorney is a very important decision. It would help if you chose someone you trust and that you feel comfortable talking with about your medical history. You should also choose someone who is available to make important medical decisions for you when you are not able to do so. For example, if you are in the hospital and unable to make decisions for yourself, your healthcare power of attorney should be available to make these decisions for you. You should also consider whether this person will be able to handle the responsibility of making important medical decisions for you. For example, if you are in a coma and unable to make decisions for yourself, your healthcare power of attorney will need to decide whether you should be taken to the emergency room or whether you should receive specific treatments. Finally, your healthcare power of attorney should be someone who is willing to accept this responsibility. If you are unable to make decisions for yourself, your healthcare power of attorney will need to make important medical decisions for you, including whether you should be taken to the emergency room or whether you should receive specific treatments.
Dorko Wealth & Estate Planning's Case Results
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Successful Transfer of Ownership Business & Farm Ownership TransferIn numerous cases, Jeff has helped people create plans to not only transfer clients' businesses or farms to the next generation, but also eliminate dissension in the family by providing for family members not involved in the original family enterprise.
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Revised Property and Investment Plan for Trust Family Cottage TrustAssisted a client who owned a cottage in Maine in establishing a family cottage trust, allowing their children to continue using and enjoying the cottage after their parents' death without any obligation to pay for the cost. The client also revised their investment plan, making funds available for the remainder of their grandchildren's lives, as well.
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Wealth Transferred to Children & Grandchildren Family Limited PartnershipAssisted a client for over 25 years to sell off her portfolio of undeveloped real estate. This allowed her to transfer a substantial part of her wealth to her children and grandchildren through a family limited partnership. By doing so, she not only paid for college for all of her grandchildren but also developed strong bonds with them through annual family vacations.