WHAT POWERS TO DELEGATE?
If you decide to delegate the authority, we can consider which powers you want to delegate to your agent. Each power of attorney has different powers. Here are some examples of issues that you may consider whether to give or withhold: Payment of your insurance bills; Military benefits; Sale of your house; Management of your bank accounts and stocks, investment decisions, and payment of your bills; Pension decisions, choice of options; File your tax returns; Authority over certain medical records; Authority to deal with the Department of Motor Vehicles; Care of your companion animals; Revocation of prior powers of attorney; Hiring and payment for household care givers, companions, housekeepers, and related insurance and tax issues; Determination as to where you reside if you are not competent enought to decide it; Gifting of your assets in accordance with your wishes to family or charities; and the right to file gift tax return; Estate planning for your assets after your lifetime; The f