Available Powers Of Attorney For Seniors
By Frank Demarinis
This month, I thought it germane to write about our grassroots mission — to serve as power of attorney and healthcare proxy for those who have no one to advocate for them in an emergency. For several years, I have supported a member/client we’ll call Hope. I acted as her fiduciary and friend — visiting her twice a month, paying her bills, offering her communion, and providing other forms of support.
Hope never wanted to talk about the “what if.” After all, she was only 78 and generally in good health. Recently, however, Hope suffered a fall and was unable to get up for a day and a half. She was hospitalized, and now she is paralyzed and has a tracheostomy.
Tragically, I can no longer support her with placement or palliative care decisions, as I was only designated her durable power of attorney for finances. This sad and very real story is one I would like to help others avoid in the future.
As we move through the later stages of life, it becomes increasingly important to make sure that our wishes are respected and that our affairs are handled according to our values. One of the best ways to protect ourselves—and our loved ones—is by creating powers of attorney. Specifically, every senior should consider establishing both a healthcare power of attorney (HPOA) and a financial power of attorney (FPOA). Both types of powers of attorney can take effect immediately or only when you become incapacitated (this is called a springing POA). The key point is that they give you control—now—over who will help you later.
Why a healthcare power of attorney matters
Health issues can arise suddenly, whether from illness, injury, or cognitive decline. In a medical emergency, you might not be able to clearly express your wishes about treatment, surgery, or life support. A healthcare power of attorney ensures someone you trust can speak for you and make decisions in line with your values.
You might have specific wishes about life-sustaining treatments, pain management, organ donation, or hospice care.
Without a healthcare power of attorney, your loved ones might have to go to court to obtain guardianship or conservatorship to make decisions for you.
Your financial agent can pay bills, manage investments, and ensure your money continues to be used in your best interest. Without one, accounts could go unpaid, property taxes could lapse, or assets might be mishandled.
Choosing the right agents
Choose someone with integrity and sound judgment. Your agent will have access to sensitive financial or medical information and may make life-changing decisions on your behalf.
Your agent must be able to communicate clearly and confidently with doctors and other family members.
It’s often helpful if your agent lives nearby or can easily travel to you in case of an emergency.
Your chosen agents should understand your values, priorities, and beliefs—and be committed to honoring them.
You may also choose different agents for each POA.
Overcoming common misconceptions
“My spouse can automatically make decisions for me.”
Not always. Without a POA, your spouse may face legal barriers.
“I don’t have enough money to need a financial POA.”
Even simple tasks like paying bills, managing Social Security, or handling insurance require authority.
“My family knows what I want.”
Even well-meaning relatives can disagree or forget your wishes in a crisis.
The gift of preparedness
Creating POAs are one of the most caring and responsible actions you can take—for yourself and your loved ones. These simple documents ensure that you’ll continue to have a say in your future, with the people you trust most by your side.
Need more answers? Call Frank Demarinis of Senior Advisors of Delaware, LLC today at 800-564-0173.
1-800-564-0173
