Disclaimer: I am not a legal or medical professional. Do not take this blog post in lieu of legal or medical advice.
I urge each and every one of you to designate someone for durable power of attorney and have a health care proxy. These are cheap to do – I bought software for under $100 and made my own, had it witnessed and notarized at the bank for free. Attorney fees will vary but can be found for ~$100-150. You never know when it will come in handy.
Don’t take any chances – do this for your loved ones – get a POA, health care proxy, living will/DNR, and a will. I don’t care if you don’t have anything to will away, your personal effects have to go to someone. Most importantly, talk over your wishes with who ever will be your POA and health care proxy. Don’t think this doesn’t apply to you. I know an 18 year old who had a heart attack. If you are old enough to vote, you are old enough to write out your legal wishes.
You need someone you trust to take over your finances and/or health decisions if you are incapacitated (i.e., recovering in a mental or physical health facility). We all need this – it’s not just mental health or just a physical health issue. And it’s not for you. It’s for your loved ones.