Week 49 Day 5: Powers of Attorney: Protecting Yourself While You Are Alive

A power of attorney names someone to act on your behalf if you cannot. A financial power of attorney lets your agent pay your bills, manage your investments, file your taxes, and handle real estate tr...

A power of attorney names someone to act on your behalf if you cannot. A financial power of attorney lets your agent pay your bills, manage your investments, file your taxes, and handle real estate transactions. A healthcare power of attorney lets your agent make medical decisions. Without these documents, your family faces a court petition for guardianship -- a process that is expensive, slow, and public.