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.Power of Attorney by GoodTrust
Create Durable Financial Power of Attorney.
Decide how your finances are managed in the event you cannot
Finish your Durable Financial Power of Attorney in minutes
No notary or attorney required with your Power of Attorney
The Power of Attorney is as part of your Will-based Estate Plan
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48%Number of older Americans who have a financial power of attorney in place. (Advance Capital Management)
DurableA critical term as it relates to the power of attorney carrying on through incapacitation. (Andersen Law)
TrustCritical when it comes to naming your agent(s) to carry out your financial wishes. (Investopedia)
Empower control over your money.
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 Power of Attorney - legal in your state, so take action now.
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.
Creating your power of attorney is fast and easy - and gives you the power.
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.
Preserve your wishes so loved ones can access during a time of need.
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 Health Care Directive, we'll take every measure to keep your digital legacy secure.
Why assign Durable Financial Power of Attorney? Read on.
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?
GENERAL FINANCIAL POA
Allows someone to make financial decisions for you unless you are incapacitated. For instance, you may assign someone a general financial POA if you travel abroad and want to them to pay your mortgage on your behalf while you're out of the country.DURABLE FINANCIAL POA
Allows someone to make financial decisions for you unless you are incapacitated. For instance, you may assign someone a general financial POA if you travel abroad and want to them to pay your mortgage on your behalf while you're out of the country.
Select the right Power of Attorney agent - it matters.
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
Frequently Asked Questions About Financial Power of Attorney.
More questions? Visit our Help Center- Why should I write a POA?
- What is the difference between an ordinary Power of Attorney and Durable Power of Attorney?
- Who keeps the original POA document?
- Does a POA need to be filed with the court?
- What are the limits of POA?
- What are the responsibilities of my agent/ attorney-in-fact?
- Can I continue to act independently after giving a Power of Attorney?
- Can Powers of Attorney be given to more than one agent at the same time?
- Can a Power of Attorney be canceled?
SECURITY AT GOODTRUST
Your information is safe.
Our multi-layer security protects your privacy and keeps your personal information and assets safe.
A multi-factor authenticationWe confirm it’s really you.
Bank-level encryptionGoodTrust is protected by 256-bit encryption—equivalent to the encryption used by banks and most financial institutions.
Digital Vault cloud storageSafely store your Estate Plan and other important documents and information in your Digital Vault.
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Make your wishes known with Medical, Funeral, and Pet Directives
Empower your loved ones with a Durable Financial Power of Attorney
Secure access to accounts and documents in your personal Digital Vault
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