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U.S. Department of Homeland Security 500 C Street, SW Washington, DC 20472 W06039 June 9, 2006, MEMORANDUM FOR: Write Your Own Principal Coordinators FIP Servicing Agent FROM: David I. Mainstay Director
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Write your own principal is a document that allows individuals to designate someone to make financial and medical decisions on their behalf if they are unable to do so themselves.
Any individual who wants to ensure that their wishes are followed regarding their financial and medical decisions in case of incapacitation.
To fill out a write your own principal, one must first gather personal information, appoint a trusted individual as the agent, specify the powers granted to the agent, and sign the document in the presence of witnesses.
The purpose of a write your own principal is to provide a legal document that outlines an individual's wishes for medical and financial decision-making in case they become incapacitated.
A write your own principal typically includes personal information, details of the appointed agent, instructions for medical decisions, and limitations on the agent's powers.
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