POWER OF ATTORNEY BY GOODTRUST

Assign Durable Financial Power of Attorney

Durable financial power of attorney (POA) allows your chosen agent to handle your finances if you become incapacitated. This essential document is easy to create on GoodTrust. We’ll guide you through the process step-by-step.
Signing paper

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How It Works

01. Create a GoodTrust Account

We will guide you on how to create your financial durable power of attorney. It takes less than 15 minutes to complete.

02. Answer a Few Simple Questions

Our wizard will help you complete the financial power of attorney document and ensure all the necessary information has been included.

03. SIGN, PRINT, & SECURE

When completed, print your form and have all relevant parties sign. Then, you can scan and upload the form to GoodTrust's Digital Vault.

GoodTrust Financial Power of Attorney: Legal in Your State

Our durable financial POA is legal in every state. Just make sure to check your state laws for information on how many signatures you’ll need and how often you’ll need to renew your form.

We are serious about security.

Creating Your Financial POA is Fast and Easy

Filling out your durable financial power of attorney form is quick and simple. You’ll start by choosing an agent to look after your finances if you become incapacitated. Then, you can decide what financial tasks you would like them to be responsible for, like paying medical bills or doing your taxes. Once you’re done with the form, all that’s left to do is print it and have the required parties sign it.

We are serious about security.

Safely Store Your Documents on GoodTrust

Storing critical legal documents online can seem a bit nerve-wracking. Are the documents safe?

With GoodTrust, you can trust your documents will be stored in a Digital Vault protected by an encryption method used by the National Security Administration (NSA). So whether you upload your will, durable financial power of attorney, or advance directive, we'll take every measure to keep your digital legacy secure.

We are serious about security.

Why Assign Durable Financial Power of Attorney?

You should grant someone financial power of attorney no matter where you are in your life. Having someone assigned to this role, especially if it's durable, ensures your financial well-being if you're unable to handle things independently. When determining how to write your financial POA paperwork, it's important to remember there are two types of powers of attorney:
While assigning a general financial POA may not suit everyone, assigning durable financial POA should be on your to-do list. Whether you're 18 or 80, you could become ill or injured and unable to make financial decisions. Without a durable financial power of attorney, who knows who could end up running your finances?

Choosing the Right Power of Attorney Agent

Choosing your financial power of attorney agent isn't to be taken lightly. When making this decision, you need to look at the situation objectively. Your agent should:
  • Always have your back and best interests in mind
  • Be ready to handle emotional situations with a level head
  • Be good with money
  • Have good communication skills
  • Have the time it may take to handle these financial matters

You can have more than one financial POA agent. For instance, you may have someone in your life who is great with daily expenses but doesn't understand real estate. So, you may want to assign one agent to everyday expenses and assign another agent to manage your home-related expenses.

Frequently asked questions.

Why should I write a POA?

Power of attorney (POA) is a legal status granted to somebody that allows them to act on your behalf. The person given POA may have either broad or narrow legal authority, depending on how it is spelled out in the POA document, to make legal decisions about one's property, finances, or medical directives.

How can we help you today?

Let’s start by creating a free account.

GoodTrust can help you create your will, write your funeral and medical directives, and prepare for your digital afterlife. We'll deliver all the information to the right people today or when you pass away, whichever you prefer. Create your will for free in just minutes and store the legally valid version in your GoodTrust account.
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