Decisions
Financial powers of attorney
It is a short document that does a lot of quiet work. Most families only learn they needed one on the day it is too late to sign it.
In plain words
Choose the person who can pay your bills and handle your money if you ever can't, before anyone has to ask a court.
A power of attorney lets someone you trust act for you with money and property. The person you choose is called your agent. They can pay bills, talk to the bank, file taxes or sell a car, but only within the limits you set.
A durable power of attorney keeps working if you become ill or confused, which is exactly when it is needed. Without one, your family may have to ask the probate court to appoint a conservator. That takes time, costs money, and the judge makes the choice.
You can name a backup agent, decide whether the power starts now or only if you lose capacity, and say whether your agent may make gifts. We explain each choice in plain words.
Is this for you?
It may be a good fit if any of these sound familiar.
- Every adult over 18, including your college-age children
- Couples who assume a spouse can sign for anything (often they can't)
- Parents whose adult children live far away
- Anyone with a new diagnosis who wants things settled while they feel well
- Owners of rental property or a small business
What's included
Everything we do for you, written down
- A durable financial power of attorney tailored to you
- A backup agent, in case your first choice can't serve
- Clear powers for real estate, digital accounts and taxes
- A short letter for your agent explaining their duties
- Notary and witnesses at signing, arranged by us
- Certified copies ready for your bank if you want them
Two kinds of decisions
Money decisions and health decisions are separate
People often mix these up. You need both, and you can choose different people for each.
| Question | Financial power of attorney | Health care directive |
|---|---|---|
| Covers | Bills, bank accounts, property, taxes | Doctors, treatment, care settings |
| The person you name | Your agent | Your patient advocate |
| When it starts | Now, or only if you lose capacity, your choice | Only when doctors confirm you can't decide |
| Without one | Family may need a court conservatorship | Family may need a court guardianship |
How it works
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Step 1: Talk it through
Who would you trust with your checkbook? We help you think about the first choice and the backup.
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Step 2: Set the limits
Starts now or later, gifts allowed or not, how your agent reports to family. Your call each time.
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Step 3: Sign and share
Sign with a notary, then give a copy to your agent and, if you like, your bank.
What it costs
Included in every plan
Part of the Will, Trust and Legacy Plans. On its own, from $650 per person.
A flat fee, agreed in writing at the end of your free first meeting. It only changes if you ask us to add something.
Can't my spouse just sign for me?
Only for things you own together. For accounts, retirement plans or property in your name alone, your spouse usually needs a power of attorney too.
When does a power of attorney end?
When you cancel it, or at your death. After death, your will or trust takes over, and your personal representative or trustee steps in.
Will my bank accept it?
We draft to current Michigan rules and most institutions accept our documents without trouble. A few ask for their own form as well, and we help you complete it.
How can we help?
The first consultation is free and takes about an hour, at our office, in your home or by video. You will leave knowing what you need and what it costs.
Book a free consultation