How Does Durable Financial Power of Attorney Work?

Tag Archives: financial power of attorney

How Does Durable Financial Power of Attorney Work?

A durable power attorney for finances is an estate planning tool used to cover your financial matters.  It is usually intended to be used in the event you become unable to make your own decisions. This typically occurs when you become incapacitated for health reasons. In most cases, the person granted durable financial power of […]

Common Reasons People Tend to Think They Don’t Need Financial Power of Attorney

A power of attorney for finances can be an extremely useful estate planning tool. However, many people mistakenly believe they do not actually need it. Below we review some of the most common reasons people tend to think they don’t need a financial power of attorney — and why they are likely to be wrong. […]

Arranging Financial Power of Attorney in Florida

If you suddenly find yourself ill or injured and unable to manage your own finances, you will need another person who can come in and assist you. A person to whom you grant financial power of attorney can pay your bills, collect benefits, manage your investments and handle a variety of other financial matters on […]

How to Protect Against Challenges to Financial Power of Attorney

If for any reason you think there is a chance someone will challenge your financial power of attorney by claiming you were coerced into signing it, there are several steps you can take to affirm your decision. We encourage you to consider the following: Speak with an attorney: Make sure you review your financial power […]