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Missouri General Durable Power of Attorney for Property and Finances or Financial Effective Upon Disability  Form

Missouri General Durable Power of Attorney for Property and Finances or Financial Effective Upon Disability Form

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the next power of attorney is what I call the financial power of attorney the financial power of attorney covers everything except healthcare decisions so your banking matters insurance matters dealing with online assets dealing with your documents and financial agent handles all those things your power of attorney for finances is also or there is also a statutorily promulgated power of attorney for finances it's called the statutory durable power of attorney that means that it stays in effect even if you are incapacitated that's what durable means it endures through your incapacity so you want your financial agent to be the same thing that you want your medical agent you want a person who you want a primary and an alternate and even a second alternate the skills though for your financial agent are different from the skills that your medical agent has your financial agent needs to be good with details they need to be trustworthy naturally they need to be someone who can

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