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Financial Power of Attorney

 

A Financial Power of Attorney is a legal document in which you give one or more persons the authority to handle financial matters on your behalf should you lose your mental or physical capacity temporarily or permanently. There are a few different forms of Financial Power of Attorney, including Limited and General, as well as Durable and Springing. These different forms are used for specific situations, and your attorney can help determine what is best for your individual needs.

What are the benefits of a Financial Power of Attorney?

A Financial Power of Attorney allows you to put someone you trust in control of your financial affairs and avoids the lengthy and expensive process of a guardianship proceeding.