“In terms of power of attorney, you’re giving broad powers to another agent, granting them the authority to act on your behalf in all legal, medical, and financial matters. It’s often a ...

You can give the same individual both medical and financial power of attorney or name separate agents, based on their expertise. Selecting a power of attorney should be part of your estate plan ...

Some handle specific affairs, such as medical and health care decisions ... you’ll want to implement a financial power of attorney. Typically, these agents handle retirement accounts, bank ...

Imagine you suddenly become incapacitated because of illness, injury or old age. Or, maybe you don’t feel as sharp as you ...

Without a power of attorney, even your spouse may not be able to make medical or financial decisions for you if you were to become incapacitated – depending on the state in which you reside and ...

Power of attorney (POA) can be used to apply for a reverse mortgage in some cases, but the lender will ask for evidence ...

Make sure the time is right. Find a calm, comfortable, and private setting to begin the conversation. You don’t want to talk about estate planning while passing the rolls at the dinner table. Be ...

Lately, famous people have been demonstrating the importance of the power of attorney ... step in and help manage financial and personal affairs and help with medical care and decisions.

Specifically, families need to explore getting a health care power of attorney (HCPOA) and a financial power of attorney (FPOA) in place for their now adult children. Here is why these documents ...

First, you should make sure that it is a financial power of attorney you are being asked to act as, and not a personal care power of attorney which involves making medical decisions for a person.