Choose who can manage your money and property if you’re unable to—with clear powers, limits, and safeguards.
What a Financial Power of Attorney Does
A durable financial power of attorney lets you appoint a trusted agent to act on your behalf for money matters if you cannot act yourself. Your agent can manage bank accounts, pay bills, handle real estate and investments, file taxes, and even manage a closely held business if you authorize it.
Immediate vs. Springing Authority
Your document can be effective immediately or only upon a doctor’s determination of incapacity (known as a “springing” power). We’ll help you weigh privacy, convenience, and risk to choose what fits you best.
Why It Matters
- Avoids court-appointed conservatorship/guardianship
- Prevents missed payments and financial disruption
- Customizable powers and built-in safeguards
Safeguards We Commonly Include
- Successor agents and co-agent options
- Limits on gifting and self-dealing
- Record-keeping and accountings
Related Missouri Estate Planning Topics
Affordable, Experienced, and Effective
Please Note: there is a small fee for consultations, which is applied to your case.
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