A financial power of attorney is a document which allows someone else
to act on your behalf if you are sick or out of the country. This power can be
used to pay your bills and access your bank account, for instance. When you
hear the term “attorney”, you probably think of a lawyer (also known as an
attorney at law). The term actually means “representative” and the power of
attorney document allows you to select people of your choice to make decisions
for you. If you don’t have a “power of attorney” document and necessary
financial decisions must be made when you are unable to make them yourself,
your loved ones or others will need to go to court to have a guardian
appointed. That will result in needless expense, aggravation and delay.
