Louisiana Durable Mandate (Power of Attorney), Financial

Last Updated: 5/19/2015

Document Description

People don’t always realize how important planning ahead is until it is too late. Preparing the proper documents can allow you more peace and comfort when you are ill, seriously injured or at the end of your life. Dying is a part of living, and being prepared at this time can be crucial for yourself and your loved ones.

ezEstate Planner’s Louisiana Financial Power of Attorney gives you the opportunity to appoint an individual or company to manage, regulate and supervise your finances. This company or individual is known as the agent. Whether you have property, multiple investments or valuable jewelry, it’s crucial to protect your assets. People often pass down sentimental items as inheritances or have taxes, outstanding debt or bills that must be paid. To have these monetary responsibilities handled accurately, it is important to input your specific directions for your agent to follow.

You as the principal have many options about the financial matters the agent can manage. They range from dealing with taxes, investments and other benefits to purchasing real estate or insurance. Some other powers you designate to your agent are paying for your medical care and delegating gifts to each donee or recipient. After listing all of the responsibilities the agent has, you can include the special instructions you would like the agent to follow while managing these powers.

Once you are satisfied with your form, you can download it and print it out. You, your witnesses and the notary can then sign and date the form. After looking over your Louisiana Financial Power of Attorney to confirm it reflects your preferences, you can upload it to your ezEstatePlanner Vault. Feel free to come back to your ezEstatePlanner Vault at any time to edit the form, add specifications, or remove unwanted items.

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