Why Every Senior Should Consider a Power of Attorney – and How to Get Started
As we get older, one of the greatest gifts we can give ourselves and our loved ones is peace of mind. Planning ahead doesn’t just mean making sure your finances are in order or that you’ve organized your important papers—it also means preparing for the possibility that one day you might need someone you trust to make decisions on your behalf.
That’s where a Power of Attorney (POA) comes in.
What is a Power of Attorney?
A Power of Attorney is a legal document that gives a trusted person—called your agent or attorney-in-fact—the authority to make certain decisions for you.
These decisions could involve your finances, property, or health care, depending on the type of POA you choose.
Why is it Important for Seniors?
Life is unpredictable. Illness, injury, or even a short-term hospital stay can make it difficult (or impossible) for you to manage your affairs. Having a Power of Attorney in place means:
Your wishes are respected – You choose who will act for you, rather than leaving it up to the courts.
Your affairs stay in order – Bills can be paid, important paperwork handled, and medical care coordinated without delays.
Less stress for your family – Your loved ones won’t have to guess what you want or struggle to get legal authority in an emergency.
Types of Power of Attorney
There’s no “one-size-fits-all” option. Different POAs cover different needs:
Financial (or Durable) Power of Attorney
Allows your chosen person to handle money matters—such as paying bills, managing investments, or selling property—even if you become unable to do so yourself.Health Care (or Medical) Power of Attorney
Allows someone you trust to make health care decisions if you can’t speak for yourself.Limited or Special Power of Attorney
Gives your agent authority for a specific task or period of time, such as signing documents while you’re out of the country.
When Should You Set One Up?
The best time is before you need it.
Once a person becomes mentally unable to make decisions, they can no longer sign a Power of Attorney—and the process to give someone decision-making authority becomes much more complicated and costly.
Tips for Choosing the Right Person
Your Power of Attorney should be someone who:
Knows you well and understands your values.
Is trustworthy and responsible with money.
Will speak up for your wishes, even under pressure.
Often, this is an adult child, close friend, or trusted advisor—but it’s entirely your choice.
How to Get Started
Talk with your family – Let them know your thoughts and wishes.
Decide on the type(s) of POA you need – Financial, health care, or both.
Consult a professional – An attorney can ensure the document meets your state’s requirements.
Keep it accessible – Make sure your agent knows where to find the document in an emergency.
Final Thought
A Power of Attorney is more than just a piece of paper—it’s a plan that protects you, your finances, and your health decisions.
By setting one up now, you’re not just preparing for the unexpected—you’re giving yourself the freedom to live with confidence, knowing you’ve made your wishes clear.
At Senior Resource Partners, we connect seniors with trusted professionals who can help with legal planning, including Powers of Attorney. If you’d like a referral, we’re here to help.