Durable Financial Power of Attorney (POA)
Like a healthcare POA, a durable financial POA appoints someone to take care of your financial needs when necessary. Your chosen agent can have the power to manage assets, bank accounts, pay bills, and sell and acquire assets. Before your agent takes over, you can dictate what powers your agent has over your finances.
Because your agent will have significant power over your money, we recommend that you only appoint someone who you deeply trust and who has your best interests at heart.