What is a durable financial power of attorney?
The durable financial power of attorney is a way to allow someone else to manage your finances in the event that you become incapacitated and are unable to make those decisions yourself. The power is granted in a document, and is not only useful for you, but can really help your family in times of crisis.
A durable power of attorney can also be written so that if you regain the ability to manage your own affairs again whomever you have named will no longer have to make decisions for you.
When we prepare a living trust for you, we include a durable financial power of attorney tailored to your needs and wants, at no additional cost.