Best Probate Attorneys in Cupertino, CA

Your Financial Power of Attorney: Powerful Provisions A financial power of attorney is a powerful legal document that gives someone the authority to make decisions if you’re unable to make them for yourself. You may create a financial power of attorney and never need it. However, you’ll gain peace of mind knowing someone you trust is authorized to handle your affairs. This trusted decision maker—sometimes called an agent or an attorney-in-fact—can be authorized to conduct a wide range of business on your behalf. Depending on the provisions you choose for your financial power of attorney, that person may be able to buy and sell your property, make investments and manage your retirement benefits. When you’re making choices about which provisions to include, there are three key provisions you should carefully consider. These are the power to make gifts, the power to make or change your estate plan, and the power to prosecute and defend legal actions.