Power of attorney: who decides if you can't

5 chapters·14 min·action plan·mastery check

Chapter 1 of 5

The idea

An accident at 35 can leave your family unable to touch your bank account.

What it does

A lasting or durable power of attorney lets someone you choose manage your finances (and sometimes health decisions) if you can't. Without one, families may need a slow, costly court process. Names and rules differ by country.

Predict first

If you lose mental capacity without a power of attorney, can your partner automatically manage your bank account?

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