Power of Attorney

A power of attorney is a document that states who is legally allowed to make decisions if a person is no longer able to act on their own behalf. The document can allow the appointed person -- called an "agent" or "attorney-in-fact" -- to handle financial matters such as paying bills, signing checks, banking, management of a business or investments. There is more than one type of POA, including both financial and medical. Many people choose to limit the power of attorney, keeping major decisions for themselves as long as they're mentally competent.

Articles About Power Of Attorney

Stepping In as Alzheimer's Progresses: When the Court Must Decide
When a loved one enters the later stages of Alzheimer's, planning now can help ease the pain of stepping in when a parent's ability to make financial and health care decisions slips away.
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.

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Q&A with the Experts on Power Of Attorney

How much does a power of attorney cost?
Getting a durable power of attorney (DPOA or POA) sometimes costs nothing and can be done for free.
I don't want to be POA for my abusive mom. Can I turn it over to my sibling?
You can only pass a POA of an elderly parent to a sibling, if there is an authority in the Power of Attorney for the agent (the person given powers under a POA) to delegate powers to another person.
Can a caregiver take legal action to get a parent's POA changed?
Most power of attorney (POA) documents have an alternate or "successor" power of attorney who is appointed to serve in the place of the originally appointed one, in case he/she can't serve or doesn't want the job. Learn how you can transfer power of attorney to another sibling for family member.
How do you convince a sick elder that they need to get their legal affairs in order?
Many people, like your elderly aunt, are afraid to deal with wills, powers of attorney, etc. because they think it makes it more likely that something bad will happen to them.

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