What is a Financial Power of Attorney?

Financial Power of Attorney Dos and Don’ts A financial power of attorney is a legal document that can ensure that a trusted person is handling your financial affairs when you are not mentally or physically capable of doing so yourself. This document can be used for a specific need or to grant a chosen individual durable (ongoing) financial authority. While no one wants to think about becoming incapable of handling their own affairs, designating an agent to manage your financial affairs in advance makes sure the person you want is doing so. It also prevents […]