Financial Powers of Attorney – A Must For Every Adult

If you are sick, incapacitated, disabled, someone will have to make legal, tax and financial decisions on your behalf, pay your bills, pay your taxes and so forth. That may be an agent under a financial power of attorney (or a successor trustee under a revocable trust). What powers should you give such a person? Are there certain powers you might not wish to give such a person? Everyone over 18 years of age should take the time to create this fundamental document.