![]() Read hundreds of customer reviews on trusted third-party websites, such as Better Business Bureau (BBB) and TrustpilotĪ power of attorney is a legally binding document-not an individual-that allows you to appoint someone to manage your real property (real estate), personal property, or medical or financial affairs for you, according to the Consumer Financial Protection Bureau.Went behind the paywall to gain first-hand experience with five of the top online will creation services to review and compare them with each other.Consulted with legal experts, probate attorneys, and financial planners to learn the best practices in estate planning.Spent 300 hours researching and using online estate planning services.We only recommend services we find to be helpful and accurate. Our Reviews Team consists of trained lawyers who have spent hundreds of hours researching estate planning and using the services we recommend. If you are also considering creating a will, read our in de-depth review of the best online will makers. This article will explain what is a POA, what it can and can’t do for you, and how you can get one. Having a POA in place will ensure you have a trusted person to act for you when you can’t. They can be used to help you make many types of decisions-buying a car, choosing an insurance provider, or even paying your bills. Powers of attorney are an extremely useful tool in estate planning. You can create a limited POA that only applies to certain types of decisions, such as medical care or finances.A durable POA is effective from the moment you sign it and does not expire a non-durable POA is only effective for a limited period of time and a springing POA will not become effective until you’re declared incapacitated.Using an online service like LegalZoom can be a more affordable option starting at just $35. Using an attorney to craft your POA can cost you more than $300. ![]() A power of attorney, or POA, is a legal document that allows you to give someone else the authority to make decisions on your behalf.Reviewed by: Genevieve Waterman, DSW, MASM, Director of Financial Security, NCOA Key Takeaways:
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