If you live in Israel on a full-time basis or spend portions of the year in Israel, you should arrange for an Israel durable power of attorney for financial and health matters to ensure that your wishes will be carried out regardless of your physical situation.
The David Page Law office can draw up a comprehensive Power of Attorney that will protect your interests and the best interests of your family in all circumstances.
Durable Power of Attorney
Israeli law allows every individual above the age of 18 to create a Durable Power of Attorney in which an “agent” is appointed to make decisions and conduct business on your behalf in the event that you are not able to handle your own medical and financial affairs.
People grant the Durable Power of Attorney to ensure that their wishes regarding their medical care (including directives to avoid invasive end-of-life procedures), their business concerns and other financial and health matters proceed as laid out in case they become incapacitated. Some people create the Durable Power of Attorney when they are faced with a severe illness while others keep a Durable Power of Attorney on file to cover all eventualities.
For individuals who have dual American-Israeli citizenship or residence and are concerned that their Durable Power of Attorney be accepted by the legal systems in both countries, the David Page Law Office in Jerusalem will complete all documentation accordingly.
DPA
Granting a Durable Power of Attorney to a trusted attorney means that that attorney becomes your “agent” and is entrusted to act on your behalf for medical and business decisions in the event that you are unable to handle your own affairs. The Durable Power of Attorney can be as extensive or as limited as you wish. The Dur able Power of Attorney may be created in such a way as to guide the agent regarding the course of action that you want taken in specific circumstances.
Some of the ways in which a Durable Power of Attorney can safeguard your assets and ensure that your wishes are met in case you are unable to do so yourself include:
- Quality of Life – a Durable Power of Attorney gives your agent the power to guide the selection of your living facilities in case you are unable to do so including putting into place medical directives, choice of care facility, arranging for daily care if needed, etc.
- Property – The agent will be able to make and carry out decisions regarding your property, investments, financial undertakings, the administration of your business or property, etc.
David Page Law
David Page Law office in Jerusalem can assist you in drawing up a Durable Power of Attorney that will give you the assurance that you need to know that your affairs will be looked after if you are not able to do so.
Ongoing Power of Attorney
If you are not yet ready to draft a Durable Power of Attorney the David Page Law office can arrange for you to create a regular Power of Attorney that provides a legal mechanism so that you can determine your own future course of care while you are still in a position to do so regarding your living arrangements, possessions, etc. This Power of Attorney is often used as a gap measure so that your best interests are being safeguarded in all circumstances.