Create a durable power of attorney (DPA) so someone can manage your money if you are ever too sick to do so. In this document, you name a trusted relative or friend to take charge of your finances ...

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 ...

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 ...

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 ...

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 ...

A power of attorney is one of the most important documents for elderly parents, but it's one that many families haven't prepared. Fortunately, setting up a power of attorney is fairly simple ...