A Durable Financial Power of Attorney is a special tool that allows someone to act on your behalf in the management of your affairs, without court involvement. You choose an “agent” or “attorney-in-fact” (not to be confused with “attorney”) who can act on your behalf. The benefit of a Durable Financial Power of Attorney, is that if you are incapacitated, out of the country, or need special help with a business matter, your agent can act for you. For example:

• Sign a deed or title document

• Manage IRA or 401(k) investment accounts

• Sign beneficiary documents for you

• Apply for governmental programs on your behalf

• Hire attorneys and accountants that you may need

• Assist you with lawsuits or other matters when you are incapacitated

• Put assets in your Revocable Trust

A Durable Financial Power of Attorney works during your lifetime only and becomes invalid at the time of your death.

This agent has a high decree of authority – chose someone you trust!