Can you please explain what the difference is between a financial durable power of attorney and a health care durable power ...

A durable power of attorney means the document ... you’ll want to implement a financial power of attorney. Typically, these agents handle retirement accounts, bank accounts, real estate, taxes ...

Agents named in a durable power of attorney can make financial or medical decisions on the principal's behalf even after the individual becomes incapacitated. Immediately Effective vs. Springing ...

A financial power of attorney can be a powerful tool in your estate planning tool belt. But if you don't take careful consideration when creating this document, you could face serious consequences.

For most people, the best option is a general durable power of attorney as it gives your agent broad powers that remain effective even if you become unable to handle your finances. An attorney can ...

This makes it less suitable for long-term planning than the durable variety. A financial power of attorney grants the agent authority only over the principal’s financial affairs. This can ...