Nuts and Bolts Guide: Financial Powers of Attorney

By doing advance incapacity planning, individuals can choose and give direction to those who will assist them should they suffer from illnesses or injuries that leave them incapacitated.

Financial Powers of Attorney

Background A Durable Power of Attorney for Financial Matters or DPAFM is a legal document that allows you the Principal to stay in charge of your finances by naming one or more Agents to handle financial matters for you. Details Information provided is reflective of current California law and procedures (2009). Price $5.00 (USA), including USPS print mail shipping and any applicable sales tax. Continental USA sales and shipment only.

Description

Among other things, this four-page plain-language guide discusses:
• The legal requirements of a valid DPAFM.
• When does a DPAFM end?
• Agent duties and powers
• Importance of coordinating a DPAFM and power of attorney for health care.
• DPAFM as important in maintaining qualification for Medi-Cal coverage of nursing home care.
• Conservatorship basics.
• Conservators duties.

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June, 2009