Power of Attorney

A Power of Attorney (POA) is one way to help ensure that no matter what happens down the road, your loved one’s affairs can be managed effectively. A power of attorney is a less restrictive method to help manage an individual's financial and personal affairs, but it’s one that many families haven’t prepared. Fortunately, setting up a power of attorney is simple and can save you from future complications.

Navigator Fiduciary can be named in the POA document, which gives written authorization to act on an individual’s behalf. A POA can be given to any trusted person who can be counted on to adhere to the wishes of the protected person and their desires. Navigator Fiduciary has extensive experience acting in this role. Our strict accounting background ensures we know how to work as a trusted, accountable fiduciary for your loved ones.

People of any age can benefit from having a POA in place to protect them when they may be unable to make decisions on their behalf. Appointing a POA is a critical estate planning item that must be completed while the person supported by the POA can still make decisions for themselves. POAs are typically established in conjunction with preparing a health care directive.

Navigator Fiduciary supports the least restrictive means for assisting aging family members and those with special needs. A Power of Attorney is an excellent option for those not needing guardianship or conservatorship. Balancing respect for a person's autonomy and independence while protecting them from the negative consequences of mental or physical health problems can become a struggle. A Minnesota POA involves documents that allow Navigator Fiduciary to act as an agent for someone who can’t be there in person or is otherwise unable to represent themselves.