Durable POA

A durable POA or power of attorney is a written authorization to act on behalf of another person, such as an elderly parent. Learn more about durable POAs.

Articles About Durable Poa

What is Durable Power of Attorney?
Elderly people should appoint a power of attorney to a trusted relative or friend who can make financial decisions for them if the elder becomes unable to make those decision on their own.
The Difference Between a POA, Durable POA and Living Will
Learn the difference between Power of Attorney (POA), Durable Power of Attorney, guardianship, executor, conservatorship and Living wills.
Long-Distance Caregiving: Planning for Your Parents' Future
One of the biggest challenges for long-distance caregivers is helping aging parents think about and plan for their future health care preferences. Here are some tips for caregivers to help them with advance care planning for their elderly mom or dad.
10 Things You Should Know About Your Parent's Finances
Would you know what to do if you suddenly had to take over managing money and paying bills for your parents? Here are 10 things you need to know before you take over.

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Q&A with the Experts on Durable Poa

Can someone who has POA draw money out of bank accounts after the person dies?
When "principal" (the person signing the the power of attorney) dies, the POA is no longer valid and terminates. To draw money from the account, you must have a different type of legal authority.
Mom is afraid of everyone who comes to the house. How can I help?
Absolutely! Better yet, make an appointment and take your mom to the doctor, so you can discuss this in-depth with the doctor, because unless you have a durable power of attorney, they will not be able to discuss your mother's health with you over the phone.

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