Wednesday, June 2, 2010
Why Standard Powers of Attorney are Good?
A couple weeks ago and last week, I was presented with two (2) powers of attorney for healthcare that were not standard short-form powers of attorney. Standard powers of attorney for healthcare and property are important. They are important because hospitals, physicians, and banks are accustomed to seeing them. This gives them ease about accepting them. Non-standardized powers of attorney cause concern because hospitals, physicians, and banks are afraid that may not be legal. Therefore, the important lesson of the day is to use standard powers of attorney as highlighted in the power of attorney statute in Illinois.