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Louisiana Special Durable Power of Attorney for Bank Account Matters Form

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Louisiana Special Durable Power of Attorney for Bank Account Matters Form

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A durable for financial matters is a document through which you grant authority to another to make decisions for you, for your finances, when you're not able to do so. So if you were to become incapacitated or if you're just unavailable and somebody needs to transact business for you, it's important to have a Durable Power of Attorney. That Attorney in Fact must manage your affairs, they are a fiduciary and they must do only what is in your best interest. Without an adequate Durable Power of Attorney for Finances you may be subject to a guardianship or a conservatorship where the court, where the state takes over the management of your affairs. This can be avoided by having a good Durable Power of Attorney for Finances in place.

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