TrustwiseBy cocreateidea

In development

Financial Power of Attorney.

Someone you trust, with the authority to handle money matters on your behalf — today, or only when you can't.

A financial POA is the quieter companion to the healthcare directive. Without one, a spouse or adult child cannot sign mortgage papers, move money between your accounts, or file taxes on your behalf — even if you're fully incapacitated.

Two kinds

Durable or springing — your choice.

Durable (effective immediately)

Authority begins the moment you sign. Survives incapacity — hence “durable.” Best when you're naming a spouse or long-trusted family member and want them able to act in normal times too.

Springing (on incapacity)

Authority “springs” into effect only on a triggering event — usually two physicians certifying incapacity. More protective, slower to activate. Best when the agent is someone you'd only want acting under duress.

Scope of powers

What an agent can do.

  • Banking and financial accounts
  • Real estate transactions
  • Stocks, bonds, and commodities
  • Tangible personal property
  • Business operating interests
  • Insurance and annuities
  • Retirement plans and IRAs
  • Government benefits (SSA, Medicare, VA)
  • Tax matters and filings
  • Claims and litigation
  • Personal and family maintenance
  • Gifts within IRS annual exclusion

Each power can be included, excluded, or capped. The form walks through them in plain English before generating the document.

Statutory forms

Using the form your state already blesses.

California
Probate Code §4401 (Uniform Statutory Form POA)
New York
GOL §5-1513 (NY Statutory Short Form POA)
Texas
Estates Code Ch. 752 (Statutory Durable POA)

Financial POA is in legal review.

Ships alongside the healthcare directive. Tell us where to email you when it's ready in your state.

Start with the will today.

Power of attorney follows in the same plan family.

Financial Power of Attorney — Trustwise