The short answer? Now.
There isn’t really a right time. There is a wrong time — when someone is already ill or has already been in an accident, or for whatever reason their capacity is in question. Those situations can be problematic and the Power of Attorney may not be valid because the person may not have the necessary legal capacity to sign.
If you’re thinking this summer might be the “right” time for you or your family to draft a Power of Attorney, you’re not alone. Many people do this during the summer months either because they have extra time to do it, or because it is wise to have such documents in place before traveling.
Whatever the reason, the advice we give our clients on when to draft a Power of Attorney is “the sooner, the better.” You’ll never regret doing it too early, but will definitely regret attempting this important document after it’s too late.
If you have specific questions about Power of Attorney documents or need help drafting a document for you or a family member, contact us at 402-528-3266 or [email protected] to make an appointment today.