Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

What is a Power of Attorney: It’s a legal document you sign and appoint a person, called your agent, to handle legal, tax and financial matters for you if you cannot do so. Why Every Adult Needs a ...

Alexandra Twin has 15+ years of experience as an editor and writer, covering financial news for public and private companies. Marguerita is a Certified Financial Planner (CFP), Chartered Retirement ...

Power of attorney can be a very powerful tool when it comes to legal documentation. It essentially means that someone, usually a lawyer, is given the authority to act in your place regarding a ...

If you've ever sat through a pre-deployment legal brief, you've heard the mandate: Make sure your spouse (or whomever is handling your financial affairs) has a power of attorney. Sounds simple enough, ...

There may come a time when you need a trusted loved one to manage your finances for you. It's never too early to consider how you want your financial affairs to be managed if something happens to you.

Bank of America’s strict policies on power of attorney were revealed when one woman, who was acting as power of attorney for her husband, was blocked from accessing his Bank of America account.

A. It depends on what needs to be signed. In order to engage in financial transactions with respect to assets solely owned by the incapacitated person who did not execute a power of attorney, a ...