Continuing Power of Attorney
Cost, Process & Why Not to Delay — 2026
By Adv. Liron Yitzhak Elmaliach | Updated: 2026 | Reading time: approx. 7 minutes
A Continuing Power of Attorney (in Hebrew: Iyyuf Koach Matmashikh) is the most important legal document many people never think about until it is too late. It allows you — while you are fully capable — to designate someone you trust to manage your affairs if you ever lose the ability to do so yourself.
Once you have lost capacity, it is legally impossible to create one. This article explains what it costs, how it works, and why there is no good reason to delay.
How Much Does It Cost?
Compare this with the alternative: if no CPofA exists and you become incapacitated, your family faces a guardianship court proceeding costing ₪10,000–30,000 and taking 6–12 months. The CPofA is significantly cheaper and faster.
What a Comprehensive CPofA Covers
The 5-Step Process
Why Not to Delay
The most common objection is: "I'm healthy, I'll do it later." The problem is that "later" can arrive without warning — a stroke, a serious accident, a rapid cognitive decline. Once you lose legal capacity, no one can create a CPofA on your behalf. The only option then is the costly and burdensome court guardianship process.
A 68-year-old man was diagnosed with early Alzheimer's. His family assumed there was time. Six months later, he lacked the legal capacity to sign a CPofA. His wife had to go through 10 months of court proceedings at significant cost — all of which could have been avoided with a document signed a year earlier.
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