How important is it for me to give someone a Power Of Attorney (POA) for financial matters? A carefully drafted POA can avoid the unnecessary expense, delay and public exposure of a guardianship proceeding in Probate Court. As a result, the POA gives the person you select the immediate authority to pay your bills and manage your finances. Choose that person carefully. This should be discussed with your estate planning attorney.
-Attorney Jack N. Alpern
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