The concept of giving another person total agency over your finances could be unsettling. Who wants to hand over the reins to someone else? What business is it of theirs to know about your money? Why ...

We all make important decisions and engage in regular financial transactions without giving a second thought about our capacity to do so. But what if you suddenly lost the ability? What would happen?

Dear Mr. Premack: My father has been organized and proactive. He properly probated my mother's Will when she died so that he is recognized as full owner of all of their assets. He spoke with his ...

Your father can sign his power of attorney and any other legal documents as best he can by making a “mark.” This can even be an “X.” Then the witnesses or notary public should indicate that your ...

With my mom, when she went to see the attorney to prepare legal docs, the attorney asked "who do she want as POA?" and mom answered, "my son the banker and my daughter the financial planner." So, the ...

A financial power of attorney can be a valuable tool to help protect your finances and empower you to make important financial decisions for a loved one who can’t make decisions for themselves. It’s ...