Finstream.TVFinstream.TV
  • Videos
  • Podcast
  • News
  • Contact
  • About
  • Videos
  • Podcast
  • News
  • Contact
  • About
Searching videos

Healthcare Proxy

Healthcare Proxy: A healthcare proxy, also known as a healthcare power of attorney or medical power of attorney, is a legal document that designates an individual to make medical decisions on behalf of another person (referred to as the “principal” or “patient”) in the event that they become unable to make decisions for themselves.

The person designated as the healthcare proxy is typically a trusted family member or friend who understands the patient’s values, preferences, and wishes regarding medical treatment. The healthcare proxy’s role is to advocate for the patient’s best interests and ensure that their healthcare decisions align with their known preferences or, if those are unknown, with what the proxy believes the patient would want.

Here are some key points to understand about healthcare proxies:

  1. Appointment: The healthcare proxy is appointed through a legal document, usually prepared in advance while the patient is still capable of making their own medical decisions. The document must comply with the legal requirements of the jurisdiction in which it is executed.
  2. Decision-Making Authority: The healthcare proxy has the authority to make decisions related to medical treatment, including choices about treatment options, medication, surgeries, end-of-life care, and other healthcare interventions. Their decisions should be guided by the patient’s known wishes, values, and beliefs.
  3. Communication with Healthcare Providers: The healthcare proxy communicates with healthcare providers, relays information about the patient’s condition, and ensures that healthcare professionals understand the patient’s preferences and wishes.
  4. Legal Limitations: The healthcare proxy’s authority only comes into effect when the patient is deemed incapacitated or unable to make medical decisions. Once the patient regains decision-making capacity, they resume control over their healthcare choices.
  5. Clear Documentation: It is crucial to ensure that the healthcare proxy document is properly executed, signed, and witnessed according to legal requirements. Copies of the document should be provided to the healthcare proxy, the patient’s primary physician, and other relevant healthcare providers.

Creating a healthcare proxy allows individuals to have a trusted person act as their advocate and make healthcare decisions that align with their values and preferences when they are unable to do so themselves. It provides peace of mind and ensures that medical treatment is carried out according to the patient’s wishes. It is advisable to consult with an attorney or legal professional to create a healthcare proxy document that complies with local laws and addresses specific circumstances and preferences. Watch these videos on finStream to learn more about Healthcare Proxies:

Estate Planning – Healthcare Documents You Need

What the End of Open Enrollment for ACA Means For You

2022 Year End Planning Opportunities

What Are the Rules for Contributing to an HSA in the Year in Which You Sign Up for Medicare?

  • Financial Advisor Center
  • Benefits Of Working With A Financial Advisor
  • Find a Financial Advisor
  • Advertise with FinStream

Video Categories

  • Popular on YouTube
  • Original Series
  • Life Events
  • Tax Planning Center
  • Financial Planning Center
  • Financial Advisor Center

Featured Financial Experts

  • Jacqueline Schadeck, CFP®, AWMA®
  • Professor Mike Milligan
  • Becca Craig, ABA®, CFP®
  • CJ Miller, CFP®, RMA®
  • Haley Ellis CFP® CPFA®
  • Jeffrey Levine, CPA/PFS, CFP®
  • Dana Anspach, CFP®, RMA®
  • Jae W. Oh, MBA, CFP®, CLU®, ChFC®
  • Tony Davidow
  • Massi De Santis
  • Doug Buchan, CFP®
  • Kurt Wunderlich, CFA, CFP®
  • Lee Baker, CFP®
  • Home
  • Videos
  • Podcast
  • Subscribe
  • News
  • Glossary
  • Privacy
  • Terms
  • Contact
  • About
Revoke consent

© finStream.tv 2025

NO INVESTMENT ADVICE OR OTHERWISE

THE CONTENT IS FOR ENTERTAINMENT AND INFORMATIONAL PURPOSES ONLY, YOU SHOULD NOT CONSTRUE ANY SUCH INFORMATION OR OTHER MATERIAL AS LEGAL, TAX, INVESTMENT, FINANCIAL, OR OTHER ADVICE. NOTHING CONTAINED ON OUR SITE OR OUR PRESENTATIONS CONSTITUTES A SOLICITATION, RECOMMENDATION, ENDORSEMENT, OR OFFER BY FINSTREAM INC (“FINSTREAM") OR ANY THIRD PARTY SERVICE PROVIDER TO BUY OR SELL ANY SECURITIES OR OTHER FINANCIAL INSTRUMENTS IN THIS OR IN ANY OTHER JURISDICTION IN WHICH SUCH SOLICITATION OR OFFER WOULD BE UNLAWFUL UNDER THE SECURITIES LAWS OF SUCH JURISDICTION.

ALL CONTENT ON THIS SITE IS INFORMATION OF A GENERAL NATURE AND DOES NOT ADDRESS THE CIRCUMSTANCES OF ANY PARTICULAR INDIVIDUAL OR ENTITY. NOTHING ON THE SITE CONSTITUTES PROFESSIONAL AND/OR FINANCIAL ADVICE, NOR DOES ANY INFORMATION ON THE SITE CONSTITUTE A COMPREHENSIVE OR COMPLETE STATEMENT OF THE MATTERS DISCUSSED OR THE LAW RELATING THERETO. FINSTREAM IS NOT A FIDUCIARY BY VIRTUE OF ANY PERSON'S USE OF OR ACCESS TO THE SITE OR CONTENT. YOU ALONE ASSUME THE SOLE RESPONSIBILITY OF EVALUATING THE MERITS AND RISKS ASSOCIATED WITH THE USE OF ANY INFORMATION OR OTHER CONTENT ON THE SITE BEFORE MAKING ANY DECISIONS BASED ON SUCH INFORMATION OR OTHER CONTENT. IN EXCHANGE FOR USING THE SITE, YOU AGREE NOT TO HOLD FINSTREAM, ITS AFFILIATES OR ANY THIRD PARTY SERVICE PROVIDER LIABLE FOR ANY POSSIBLE CLAIM FOR DAMAGES ARISING FROM ANY DECISION YOU MAKE BASED ON INFORMATION OR OTHER CONTENT MADE AVAILABLE TO YOU THROUGH THE SITE.

ALL OPINIONS EXPRESSED BY ANY INDIVIDUAL ON THIS SITE AND ON ANY SHOW OR VIDEO STREAM ARE SOLELY THE INDIVIDUAL PERSON’S OPINIONS AND DO NOT REFLECT THE OPINIONS OF FINSTREAM INC OR AFFILIATES AND MAY HAVE BEEN PREVIOUSLY DISSEMINATED BY FINSTREAM INC ON TELEVISION, RADIO OR THE INTERNET

INVESTMENT RISKS

THERE ARE RISKS ASSOCIATED WITH INVESTING IN SECURITIES. INVESTING IN STOCKS, BONDS, EXCHANGE TRADED FUNDS, MUTUAL FUNDS, AND MONEY MARKET FUNDS INVOLVE RISK OF LOSS. LOSS OF PRINCIPAL IS POSSIBLE. SOME HIGH RISK INVESTMENTS MAY USE LEVERAGE, WHICH WILL ACCENTUATE GAINS & LOSSES. FOREIGN INVESTING INVOLVES SPECIAL RISKS, INCLUDING A GREATER VOLATILITY AND POLITICAL, ECONOMIC AND CURRENCY RISKS AND DIFFERENCES IN ACCOUNTING METHODS. A SECURITY’S OR A FIRM’S PAST INVESTMENT PERFORMANCE IS NOT A GUARANTEE OR PREDICTOR OF FUTURE INVESTMENT PERFORMANCE.

Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
View preferences
{title} {title} {title}