While preparing for your own death can feel intimidating, estate planning experts recommend that Boston residents take concrete steps to protect their assets, property and heirs. One key resource is the power of attorney, which allows you to authorize another person to make important legal or financial decisions in the event that you cannot.

One estate administration expert, who is also a government official in another state, recommends appointing two representatives with joint powers of attorney. He suggests appointing both a relative and another individual with no emotional connection to your family, such as an attorney or banker. This makes sure that family members are not forced to make difficult decisions, and also helps prevent the misuse of your estate or assets by establishing checks and balances.

Another expert agreed with the notion of looking outside of your family. He explained that the temptation for abuse of someone's wishes is nonexistent when granting a nonbiased third power the power of attorney. He added that having two separate powers of attorney can be a useful precaution for elderly individuals.

One judge said that people should write "anything important" into their power of attorney paperwork. He explained that power of attorney can help protect any wishes one might have, regardless of how specific or general they may be. He also agreed with the other experts, recommending that people choose a representative outside of their immediate family "who has good judgment and good financial sense."

And it's important to keep in mind that it is never too early to start contemplating these decisions, but it can also end up being too late. While it may seem daunting, there are professionals who are experienced in handling these matters professionally.

Source: Topeka Capital-Journal Online, "Power of attorney key decision for older citizens," Liz Montano, Dec. 6, 2011