Choosing someone to hold your power of attorney is a significant decision. This person will have the authority to make decisions on your behalf, so it’s important to carefully consider who you appoint. It is important to know some key factors to think about when making your choice.
Trust and reliability
The most important trait to look for in someone holding your power of attorney is trust. You need someone who is reliable and will act in your best interests. The agent you choose will have control over important decisions, so they should be someone you trust to handle your affairs responsibly.
Communication skills
Your agent will need to be able to communicate effectively with doctors, financial institutions, and other key figures. Consider whether the person you’re thinking of can explain your wishes clearly and handle situations where they may need to advocate for you. Poor communication could lead to mistakes or delays in making important decisions.
Ability to handle pressure
Being a power of attorney means making decisions during stressful times, especially if you become incapacitated or are unable to make decisions for yourself. Ensure the person you appoint is calm under pressure and can make sound decisions in difficult circumstances. They should also be able to handle the responsibility without getting overwhelmed.
Proximity and availability
It’s essential to choose someone who is reasonably close to you and available when necessary. If you’re appointing someone for healthcare decisions, for example, they may need to be nearby to make timely decisions. Availability is just as important for financial matters, as the person will need to stay on top of your accounts and finances.
Familiarity with your wishes
Make sure the person you choose is familiar with your preferences and values. The power of attorney will often have to make decisions that align with your desires, especially when it comes to healthcare or end-of-life matters. Discuss your wishes in advance to ensure the agent understands what you want.
By carefully considering these factors, you can make an informed decision about who will best serve your needs and protect your interests when the time comes.
