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Special Durable Power of Attorney for Bank Account Matters Montana Form

Special Durable Power of Attorney for Bank Account Matters Montana Form

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I would like to talk to you about durable financial power of attorney what it is and why it's an important element of your estate plan quite simply a durable financial power of attorney is a legal document enabling someone you trust with the power to assist you with financial issues and the event you are incompetent as determined by two independent medical physicians or incapacitated this person has great control over your assets so you want to choose this person carefully you want to make sure it's someone you trust and then it's someone you think makes good money decisions for example they're gonna have access to your bank accounts so they could close accounts open accounts liquidate accounts they could take out life insurance or cancel life insurance they can liquidate any retirement accounts they can redirect how assets are invested in those accounts your investment accounts they have the power to pay your mortgage utilities etc as you can see you&am

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