A durable power of attorney with a HIPPA waiver is an essential document. This power of attorney will allow another person to carry out financial transactions in the event you are unable to do so. A durable power of attorney will eliminate the need for a guardianship action in some cases. The cost of a guardianship proceeding may be great especially if it is contested. The Power of attorney may allow for Medicaid planning. It is essential for this power of attorney to contain a HIPPA waiver. Such a waiver will allow a trusted individual to challenge errors in medical billing.