Establishing a Georgia Financial Power of Attorney

Are you considering a Financial Power of Attorney (FPOA)? We can help. An FPOA is not a decision you should take lightly, and you are wise to do your research first. A power of attorney happens when you (the principal) grant someone the authority to act on your behalf when you are unable to do so. This person is called an agent. 

The FPOA is considered a durable power of attorney, meaning it is still active if you become incapacitated; unless it expressly states otherwise.

A financial power of attorney limits your agent to handle financial matters. According to the Georgia Department of Human Services, a financial power of attorney does not allow the agent to make medical or personal decisions for you. The FPOA can be broad or restrictive, depending on your wishes and how it is legally worded.