Financial Power of Attorney
What will happen to your personal finances if you become sick or injured and you are unable to manage your own financial affairs? How will your bills be paid on time so that your credit score remains solid and your home doesn’t go into foreclosure? How will your checks be deposited and your investments managed? If you are incapacitated and you lack a durable power of …
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Power of Attorney, Durable Power of Attorney & Health Care Directives: What Is the Difference?
Every state allows competent adults to grant another person the power to be their “agent”, to act on their behalf. These powers generally fall under three different categories, each having different legal requirements. They are a Power of Attorney, a Durable Power of Attorney, and a Health Care Directive/Proxy. A power of attorney is a document which allows an agent to …
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