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Durable Power of Attorney for Health Care/Health-Care Proxy

August 26, 2011

John Jastremski Presents:

 

Durable Power of Attorney for Health Care/Health-Care Proxy

 

Definition 

A durable power of attorney for health care (DPAHC), also known as a health-care proxy, health-care power of attorney, or appointment of a health-care agent, is your written appointment of a representative to make decisions about medical treatment on your behalf if you become unable to make or communicate a responsible decision for yourself. You may want to appoint such a representative to speak for you in case you become incapacitated. If you don’t, medical professionals will generally be compelled to do everything possible to save and sustain your life.

Prerequisites 

  • You want to retain control over your medical care if you become incapacitated
  • The law in your state allows you to appoint a representative to make these decisions with a DPAHC
  • You trust someone to act as your representative to make these decisions

Key Strengths 

  • Authorizes your selected representative to make medical decisions on your behalf
  • Allows your representative to evaluate proposed treatment in light of current circumstances

Key Tradeoffs 

  • Requires trust in another person to act properly on your behalf
  • Generally not effective in certain emergencies

Variations from State to State 

  • Not allowed in all states

How Is It Implemented? 

  • Execute the appropriate form

 

This material was prepared by Broadridge Investor Communication Solutions, Inc., and does not necessarily represent the views of John Jastremski, Jeremy Keating, Erik J Larsen, Frank Esposito, Patrick Ray, Robert Welsch, Michael Reese, Brent Wolf, Andy Starostecki and The Retirement Group or FSC Financial Corp. This information should not be construed as investment advice. Neither the named Representatives nor Broker/Dealer gives tax or legal advice. All information is believed to be from reliable sources; however, we make no representation as to its completeness or accuracy. The publisher is not engaged in rendering legal, accounting or other professional services. If other expert assistance is needed, the reader is advised to engage the services of a competent professional. Please consult your Financial Advisor for further information or call 800-900-5867.

 

The Retirement Group is not affiliated with nor endorsed by fidelity.com, netbenefits.fidelity.com, hewitt.com, resources.hewitt.com,  access.att.com, ING Retirement, AT&T, Qwest, Chevron, Hughes, Northrop Grumman, Raytheon, ExxonMobil, Glaxosmithkline, Merck, Pfizer, Verizon, Bank of America, Alcatel-Lucent or by your employer. We are an independent financial advisory group that specializes in transition planning and lump sum distribution. Please call our office at 800-900-5867 if you have additional questions or need help in the retirement planning process.

 

John Jastremski is a Representative with FSC Securities and may be reached at http://www.theretirementgroup.com.

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