How do I designate someone to handle financial transactions for me at my bank or brokerage firm?
With your general durable power of attorney, the agent that you designate will have the authority to transact for you at your financial institutions. Your agent is bound to act solely in your best interests. All adults should have a general durable power of attorney because we never know when we may become incapacitate, unable to handle our financial affairs on our own. When you create your general durable power of attorney, you will name someone you trust as your agent, and because you never know how many years into the future your agent may need to act for you, you should also name an alternate agent.