Especially when one family member has been named the power of attorney and health care agent for your loved one and there are disagreements on medical disputes and financial decisions.
How can you handle medical and financial decision disputes while ensuring that your loved one’s best interests are still at the forefront of your intentions? The Nashville estate planning lawyers at MHPS Law can give you and your family the legal guidance you need if you’re experiencing concerns with medical and financial decisions.
Advanced Directives
In Tennessee, you need a durable power of attorney to dictate your financial choices and a health care agent to make your medical choices if you cannot do so yourself. MHPS Law can help you establish an advanced directive to ensure you have someone you trust in charge of your important decisions if needed.
Durable Power of Attorney
A durable power of attorney is a legal tool that allows you to name an individual to make financial decisions on your behalf if you become incapacitated. This individual has the legal authority to see that your designated wishes are carried out.
The person you name your durable power of attorney will have access to cash, bank accounts, investments, family obligations, claims and litigations, Social Security payments, debt and bill payments, taxes, and retirement payments. That’s why it is imperative you name someone you can fully trust.
Health Care Agent: Medical Disputes
In Tennessee, you also need an agent to make medical decisions on your behalf if you cannot. This individual becomes your health care agent. The agent can discuss with your doctors and family members what care you want or do not want to undergo for the amount of time you are incapacitated. If you get better and can make sound decisions, you become your health care agent again.
Sometimes known as your power of attorney for health care, the agent can view your medical records as well. You can appoint your own health care agent. However, if you become ill or incapacitated and have not named a health care agent, your doctor may name a family member your health care surrogate until you are well enough to make your own decisions.
Disputes in Medical and Financial Decision Making
By having a durable power of attorney and health care agent in place, you hope this will alleviate any disputes that may arise. However, issues may still occur even though you have taken the necessary legal steps to ensure your wishes are carried out.
Typically, issues tend to arise when a parent names one sibling over the other as their durable power of attorney and health care agent. Siblings may be skeptical that their parent’s wishes will not be carried out in the way they had requested, but instead, how the sibling wants.
However, there are ways to avoid such conflicts and to keep peace within the family.
One way to avoid these disputes is by clearly going over your living will, and ultimately, your will to ensure your children know what your wishes are if you become incapacitated or end-of-life decisions need to be made. This will allow them to ask questions while you can still provide the answers. It also allows you to fill in any gaps or concerns you may not have previously thought of.
Get Assistance from Nashville Estate Planning Attorneys
Don’t make a difficult time more challenging for your loved ones. Plan for your future and the future of your family. At MHPS, our Tennessee estate planning lawyers will guide you through the process with the compassion needed. With years of experience in estate planning and administration, we know how to best protect your assets and prepare for the unknown.
Contact us to begin the estate planning process to ensure your wishes will one day be followed.