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 ...

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 ...

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 ...