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Welcome back everybody illness and aging part of life of course but there are plenty of ways to protect yourself both personally.
And financially if you're ever unable to care for yourself it's called the power of attorney.
But how he set it up and how many tapes are -- good thing we have Fox News legal analyst.
-- -- Here today to break at all down Bonnie just start with -- you really don't have to be old to -- this stuff up on and I've had -- -- except for years because you never know when something might happen to you.
You know there's several tight we'll talk about the -- but one thing -- water views understand the power of attorney general.
I've Gretchen is something that's very abused and people don't understand you're giving a third party.
Really power over you for many reasons to the first thing is what's in general -- that's basically where you're saying this somebody.
You have the right to make certain things you could see Sime bank -- -- -- signed papers.
You can be sure these depended upon the language in the power of attorney general power.
A special proper attorney for examples this like.
Next week I'm coming to visiting -- -- in New York City so let's assume that I wanna do closing on a house in Las Vegas.
I can give you Gretchen for example a special power -- attorney to have the right to sign the papers to close on a piece of property.
But the most important thing about those two things is always make sure you put an expiration date don't let them go on forever put a deadline on when they -- expo our.
Okay now what is a durable.
Power of attorney for health care get a little more complicated now.
Huge decision here this is what you're saying of course among spouses.
Usually it's one another you're saying to somebody.
If I becoming capable of making medical decisions for myself.
Because a doctor has said.
The person can't make decisions you -- delegating that authority saying to that position this person.
I have designated.
To make medical decisions for me major medical decisions now the issue becomes what if you're not married.
Who is -- you're going to delegate that to.
Very important decision and more more importantly Gretchen.
Let that person know that you are delegating that I sort of some people some people don't want that decision the very very important thing.
You can also put in their things like whether or not you wanna be resuscitated and if your -- exactly -- It's Saturday up okay I'm number three who prepares the documents when setting up a power return.
Please don't go to an office supply store pleasing get -- done.
See an honest to god I don't get it.
You know -- professional it's not expensive to do get some advice get it done the right way but don't -- took office supplies storm but do it yourself too many legal consequences.
All right we're looking forward to mr.
Las Vegas making his way to New York next week -- that's going to be fine thank you Gretchen event.
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