Financial Powers of Attorney
Designating someone to manage your finances
Estate planning counsel for families in Bangor and nearby communities across Maine.
A Financial Power of Attorney is arguably the most important document in your estate plan. While a Will only takes effect after death, a Power of Attorney protects you during your lifetime by designating a trusted person to manage your finances if illness or injury leaves you unable to do so yourself.
Without a Power of Attorney, your family may be forced into a public, expensive court conservatorship just to access accounts or pay for your medical care.
With a properly drafted Power of Attorney, your agent can seamlessly:
- Pay monthly bills, mortgages, and healthcare costs
- Manage bank accounts, investments, and insurance claims
- File taxes and manage real estate or personal property
- Avoid court intervention entirely, keeping your private financial matters personal
We will work together to customize your document—ensuring your agent has the precise authority they need, exactly when they need it.