By Allison Vance · September 19, 2026
A financial power of attorney names someone to manage money, bills and property if you cannot.
A health care power of attorney names someone to make medical decisions, and a living will states your wishes about end-of-life care.
Without them, your family may need a court guardianship, which is slower, costlier and public.
They only work if they are signed while you can still make decisions, which is why we recommend them for every adult.