Powers of Attorney Explained: How They Work and Why Different Types Matter
Powers of attorney are among the most critical estate planning documents—and also among the most misunderstood. Many people believe one document “covers everything.” Unfortunately, that misconception often leads to serious problems.
What a Power of Attorney Really Does
A power of attorney allows someone you trust (your agent) to act on your behalf. That authority can apply to:
- Financial matters
- Health care decisions
- Specific limited actions
Types of Powers of Attorney
Durable Financial Power of Attorney
Allows your agent to manage finances and remains effective if you become incapacitated. This document can prevent the need for guardianship or conservatorship.
Health Care Power of Attorney
Authorizes someone to make medical decisions when you cannot, ensuring your wishes are honored. Like the Durable Financial Power of Attorney, it remains effective if you become incapacitated. This document can prevent the need for guardianship or conservatorship.
Limited or Special Power of Attorney
Grants authority for a specific task, such as selling property or handling a transaction.
Why Strength and Language Matter
In Washington and Oregon, certain actions—such as gifting, tax planning, trust funding, or Medicaid planning—require explicit authority. Generic or outdated POAs often fail when families need them most.
Real Protection Requires Thoughtful Drafting
At Pettis Webber Pacific, we draft powers of attorney designed to function in real-world situations—not just meet minimum legal standards, and ensure the documents authorizes the types of transaction you want to authorize, and the people you choose to put in charge.
A strong power of attorney protects your assets, your wishes, and your family. Schedule a consultation today.