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Sandra graduated from University two years ago and is currently paying off her student loans and also trying to save something every month so she

Sandra graduated from University two years ago and is currently paying off her student loans and also trying to save something every month so she can buy a house. She doesn't have a power of attorney for financial affairs. Which of the following is not a valid reason for having one?

  • It isn't for life, that is, it is very easy to change if your attorney or you move to another city.
  • If you are in an accident and cannot manage your bank account, your attorney can do things like apply for disability benefits and pay your rent.
  • If you don't know anyone who lives nearby who can be your POA, the Office of the Public Guardian and Trustee can manage your affairs for you for a fee.
  • If you don't have one, no one will be able to pay your bills until you are well enough to sign documents.

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