As individuals age, they may find themselves contemplating their eventual need for assistance during the end of their lives. Sometimes, a person may become incapacitated and need to go into a nursing home or other long-term care. While one is there, he or she may need someone to manage his or her financial affairs. A power of attorney can assist Florida residents with these matters.
When a person takes the initiative to select a power of attorney while he or she is still well, the person retains a lot more control over what the agent may do. The principal is able to choose the exact individual who he or she wishes to represent him or herself and act on his or her behalf. The principal can also select the range and reach of the agent's powers and assign exactly the powers one believes are appropriate and needed.