Durable General Power of Attorney

The Durable General Power of Attorney available in all GoGo Estate plans allows someone else to deal with financial and personal matters on your behalf. See how it works below.

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The Basics

Giving up control of your life is difficult. However, there comes a time, sometimes sooner than you expect, when you might need a little extra help from a trusted family member or friend. Oftentimes that comes in the form of forgetting to pay bills or failing to keep up with your own care and support. Cognitive decline certainly doesn't help either.

With a Durable General Power of Attorney, you (as the principal) can allow someone else (we at GoGo Estate call this person your "financial agent") to make important life decisions for you.

For those without a Durable General Power of Attorney, when life throws them a curveball with dementia or another sort of cognitive or physical decline, it becomes too late to grant someone else power to make decisions. These individuals have to go to court to obtain guardianship over the failing person, which limits the rights of the person over which guardianship is imposed. Durable General Powers of Attorney prevent the need for guardianship because they last from the moment you create them until your death, regardless of your incapacity.

The Details

Each GoGo Estate plan comes with a Durable General Power of Attorney. The primary decision that customers must make is who will serve as their financial agent. For married couples or those in domestic partnerships, your spouse or partner will automatically serve as your financial agent. For single people, you'll want to choose someone (either a friend or family member) that you trust to handle both financial and personal matters.

Once the financial agent is chosen, your finished Durable General Power of Attorney allows your financial agent to act on your behalf right away. Don't worry, though; you can override any decision that your financial agent makes while you have the capacity to do so.

The powers that are given to your financial agent include the power to:

  1. Buy and sell real estate
  2. Establish, maintain, and access bank accounts
  3. Continue business operations
  4. Manage loans
  5. Make claims for government benefits
  6. Manage and maintain retirement accounts
  7. Provide for the payment and collection of insurance
  8. Bring litigation on your behalf
  9. Trade stocks
  10. Pay your taxes
  11. Manage your beneficiary designations (as long as they are in compliance with your general wishes and best interests)
  12. Provide for your personal care and support
  13. Pay for the cost of pets
  14. Sign documents
  15. Hire financial advisors and other important professionals

Third parties, such as financial institutions, can rely on the information provided to them by your financial agent so that they can seamlessly manage and assist in your financial wellbeing. But, if you override the your financial agent, or if your divorce your spouse or split up with your partner, the institution will be prohibited from following their orders upon notice from you.

Create a Durable General Power of Attorney

If you need a Durable General Power of Attorney by itself, you can purchase that through GoGo Estate with a Basic Plan. If, however, you want a more comprehensive plan, all of our other plans give you the power to create your own Durable General Power of Attorney. So, what are you waiting for?

Hey! Have any questions?

Frequently Asked Questions

Is GoGo Estate a law firm?

No! GoGo Estate does not provide legal services. However, we do provide our customers with self-help estate planning forms drafted by licensed estate planning attorneys.

Why should I use GoGo Estate over an attorney?

The average estate plan costs between $2,000 and $3,000 nationally! This is way too much money, especially since many attorneys "plug-and-play" your information into pre-drafted forms or estate planning software. And while seeking the advice of an experienced estate planning attorney, GoGo Estate gives you access to detailed attorney-drafted forms so you can save up to 70% on your estate plan!

How is GoGo Estate different from other online platforms?

In this everchanging world, we know you have a lot of online estate planning options to choose from. What makes GoGo Estate different is the detailed nature of our plans. We can confidently say that GoGo Estate has the most comprehensive estate planning forms on the internet. Plus, they are all drafted by licensed estate planning attorneys to give you peace of mind.

Can I really plan my estate on my own?

Absolutely! GoGo Estate has countless state-specific resources so that you can know the ins-and-outs of estate planning without having to pay an attorney.  Even better, our estate planning forms are drafted in detail by licensed estate planning attorneys, meaning you can receive the same quality forms you would expect from an attorney at up to 70% the cost!

Will GoGo Estate send me my documents?

Yes! No matter which plan you choose, GoGo Estate will send you printed versions of all of your documents. We ship all of your completed documents to you on the next business day. Of course, if you're in a crunch, you can print them out and have them signed yourself.

How do I go about signing my documents?

Unfortunately, most states do not allow for estate planning documents to be signed electronically. That means that you will have to sign them in front of a notary and (depending) at least two witnesses. Luckily, GoGo Estate provides detailed signing instructions in the first few pages of each document you purchase. While we hope to implement electronic signing in the future (depending on the state), at this time we do not help our customers sign their estate planning documents.

What is "Attorney Support?"

GoGo Estate's Standard and Blended Family Plans each come with built-in Attorney Support. With Attorney Support, you can have a free 30-minute phone or video call with a licensed attorney in your state so they can answer any questions or concerns that you might have.