When it comes to a power of attorney document, you don't seem to need it – until you suddenly, desperately do. Designating a power of attorney is crucial to creating a strong financial plan ...
In its most basic form, a power of attorney, or POA, is a legal document that gives another person the authority to make decisions on your behalf should you become unable to do so. This individual ...
and a financial power of attorney (FPOA) in place for their now adult children. Here is why these documents are vital: A HCPOA allows your adult child to designate someone (often a parent ...
Regardless of how you draw up the power-of-attorney document, you should have it notarized to make the arrangement official (some states require this). Estate attorneys can act as notaries if they ...
The same goes for one’s property and health care decisions, which can be done by executing a power of attorney. We’ll discuss how this powerful document works and the laws behind it. This article can ...