There is no legal requirement that an attorney-in-fact must take active steps to notify creditors regarding the personal or financial situations of the maker of the Power of Attorney document in advance.
However, if the attorney-in-fact wishes to contact creditors explaining his or her position as the holder of the power of attorney and the principal’s medical or financial condition, the attorney-in-fact may certainly do so.
But again, there is no legal requirement to make such contact. The attorney-in-fact can simply reply to requests from creditors as they are received, providing the situational information at that time.
To quickly and affordably create proper POA documents, see Standard Legal’s Power of Attorney legal forms software page.