04/28/2026
Having a Durable Power of Attorney naming Agents you trust to handle your finances for you is an integral part of a comprehensive estate plan. Without the right legal document in place with the right people and powers, your loved ones may not be able to legally help you when it matters most.
Without a Durable Power of Attorney in place, if you are no longer able to handle your financial affairs, the Court will decide who should handle them for you after a Conservatorship proceeding. This is a long, public, emotionally draining and expensive legal proceeding that can otherwise be avoided by proper planning.
Beware not all powers of attorney are created equal!
It can be tough for older adults to hand over control of their finances to family members. At the same time, they might also need some extra help staying on top of monthly payments. Luckily, there are techniques and tools you can use to keep things running smoothly.