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 ...

To get started, follow these basic guidelines for designating power of attorney: How to set up power of attorney. Consider durable power of attorney. Limited vs. general power of attorney.

There are two basic types of durable powers of attorney: Financial power of attorney: This lets your agent handle financial affairs, including paying bills, managing investments, filing taxes and ...

These online services can assist in creating basic wills and intricate estate plans: For a customized all-in-one estate plan, Quicken provides software to create a will, power of attorney ...

Two lawyers explain why every farmer should have a will and power of attorney, and share tips and considerations.

Investopedia / Laura Porter A power of attorney (POA) is a legal authorization that gives the agent or attorney-in-fact the authority to act on behalf of an individual referred to as the principal.

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.

Yet relatives can't just walk into a bank and access your money, even if it is to pay for your care. Unless you've a Power of Attorney, loved ones would need to apply through court, which can be long ...