If you were in an accident, is there anyone that could pay your mortgage? Or your electric bill?
You might have plenty of money in the bank, but your mortgage is foreclosed because no one has access to your accounts to pay the bills for you. Don't leave your family to have to apply to the court for guardianship of conservatorship - that is a long and expensive process. Avoid all of that with a Power of Attorney. In this report, Mike explains the reasons why you might want to have a Power of Attorney in place. He also gives details about the different types, and the variations available.