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 ...

In its most basic form, a power of attorney, or POA, is a legal document that gives another person the authority to make decisions on your behalf should you become unable to do so. This individual, ...