Financial POA

Sometimes even a legally prepared power of attorney (POA) document is refused by the bank. Know why financial institutions hesitate to grant POAs access to accounts and how to remedy this situation.

When an aging loved one names you as their financial power of attorney (POA), you become responsible for two sets of finances: theirs and your own. Use these five pointers to simplify your job as POA for finances.

Would you know what to do if you suddenly had to take over managing money and paying bills for your parent? Here are 10 things you need to know before assuming this responsibility.

In order to make most decisions on an aging loved one's behalf, you must be given the legal power to do so. A durable power of attorney is a document your relative executes that gives you specific legal powers to act on his or her behalf.