Estate planning involves protecting oneself and making things easier for loved ones. A key document in this process is a Durable Power of Attorney, which allows an individual to choose a trusted person to handle financial and legal matters on their behalf. This designated person may be able to manage bank accounts, pay bills, and deal with insurance companies and government agencies.

They can also handle property matters, depending on the authority granted to them. Further information is available on the importance of having a Durable Power of Attorney, including what happens if one is not in place, such as in the event of a sudden illness or accident that leaves an individual unable to manage their finances.