Why do you need a Power of Attorney?

A "Power of Attorney" is a document in which the person who signs it, called the "grantor", delegates responsibility to look after their personal care or property to a named person called the "attorney". Usually the attorney is a close and trusted friend or relative. By signing a Power of Attorney document while capable, the grantor is able to have his or her choice as to who may act as an attorney on his or her behalf should they become incapable or unavailable when important decisions must be made or actions taken on a timely basis. Should there not be a Power of Attorney document at the time that an individual loses capacity, the process of putting in place a substitute decision maker is complicated, time-consuming and costly.