What is the role of an attorney-in-fact ?
An attorney-in-fact is the individual or institution designated in your Durable General Power of Attorney to assist you in the management of your financial and administrative affairs in the event of your incapacity. Depending upon the powers granted in the power of attorney document, an attorney-in-fact will be responsible for (i) paying bills, (ii) managing your real estate, accounts (cash, taxable investments, retirement, etc.) and other assets and (iii) taking any other steps necessary to carry out your financial and administrative affairs.
