We all make important decisions and engage in regular financial transactions without giving a second thought about our capacity to do so. But what if you suddenly lost the ability? What would happen?

Dear Mr. Premack: My father is agent in the durable power of attorney for my aunt who is now incapacitated with severe Alzheimer’s. He is putting his affairs in order and wants to transfer his rights ...

Dear Jonathan: Can you please explain what the difference is between a financial durable power of attorney and a health care durable power of attorney. A non-springing financial durable power of ...

Power of attorney documents give one or more people the right to act as your agent when you're unavailable, incapacitated, or otherwise indisposed. Beyond more general types of POAs, specialized ...

Dear Mr. Premack: I am currently seeking guardianship of a relative with severe dementia who is currently in a nursing home. Will a guardianship supersede any previous durable power of attorney given ...

One statute in particular – Estates Code Section 751.251 – gives a lot of people the right to file suit about your durable power of attorney. lakshmiprasad S / Getty Images/iStockphoto A big document ...

If someone has signed a health care proxy and durable power of attorney while they have capacity, is there any benefit to also petitioning for guardianship or conservatorship later on if that ...

It's important to talk to the person you designate as agent in your durable power of attorney, as they will be entrusted to handle your financial affairs. AlexanderFord / Getty Images Always finish ...