Protect yourself with a financial power of attorney

A financial power of attorney allows you to delegate personal, financial, business, or other legal affairs to another person. You can execute a durable power of attorney in Alabama and make it as broad or limited as needed. Durable powers of attorney are also called ordinary powers of attorney, financial powers of attorney, or general powers of attorney.

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What’s included:

Being part of a blended family
Caring for children with special needs
Establishing and maintaining trusts
…and any other concerns you have!

Do you have children from a previous relationship or a child with special needs?

There are special considerations to make if you have a blended family or a child with special needs. In these cases, it may be best to talk to an attorney.

Yes

Speaking with
a FindLaw Attorney

Our directory of experienced, local attorneys can help you with circumstances such as:

What’s included:

Being part of a blended family
Caring for children with special needs
Establishing and maintaining trusts
…and any other concerns you have!

Do you have a large estate or an interest in more advanced estate planning tools like trusts?

If your estate equals or exceeds a value of $1 million, or needs special estate planning tools like trusts, it may be best to talk with an attorney.

Yes

Speaking with
a FindLaw Attorney

Our directory of experienced, local attorneys can help you with circumstances such as:

What’s included:

Being part of a blended family
Caring for children with special needs
Establishing and maintaining trusts
…and any other concerns you have!

Are you looking to have your estate planning basics covered?

Our Estate Planning Package includes a Last Will & Testament, Health Care Directive & Living Will, and Financial Power of Attorney to cover all of your basic estate planning needs.

Yes

Do you have a spouse with similar needs?

Yes

Do you have minor children?

If you have minor children, you will want to name a guardian for them.

Yes

Do you have pets?

If you have a pet or pets, you will want to name someone to care for them.

Yes

Do you want to leave gifts to people or a charity?

If you want to give items or money to people or charities, you will want to make what are known as “specific gifts.”

Yes

Do you own a business?

If you own a business or a share of a business, you will want to plan for succession of ownership.

Yes

Do you want to decide how your property is distributed when you pass away?

Yes

Do you want someone to handle your health care decisions if you are unable?

In case you are incapacitated, you will want to list your health care preferences and name someone to handle your health care decisions.

Yes

Do you want to specify someone who can make financial decisions for you if you are unavailable or incapacitated?

Yes

Do you have a spouse with similar needs?

Yes

Do you have a spouse with similar needs?

Yes

Do you want to specify someone who can make financial decisions for you if you are unavailable or incapacitated?

Yes

Do you have a spouse with similar needs?

Yes

Do you have a spouse with similar needs?

Yes

Do you want someone to handle your health care decisions if you are unable?

In case you are incapacitated, you will want to list your health care preferences and name someone to handle your health care decisions.

Yes

Do you want to specify someone who can make financial decisions for you if you are unavailable or incapacitated?

Yes

Do you have a spouse with similar needs?

Yes

Do you have a spouse with similar needs?

Yes

Do you want to specify someone who can make financial decisions for you if you are unavailable or incapacitated?

Yes

Do you have a spouse with similar needs?

Yes

Speaking with
a FindLaw Attorney

Our directory of experienced, local attorneys can help you with circumstances such as:

What’s included:

Being part of a blended family
Caring for children with special needs
Establishing and maintaining trusts
…and any other concerns you have!

Estate Planning Package

For One Person

*Select your state

$135

What’s included:

Last will and testament
Health care directive & living will
Financial power of attorney
Free HIPAA release form
A comprehensive plan — for less
Free changes and revisions for one full year after purchase

*Select your state

Financial Power of Attorney

For One Person

*Select your state

$39

What’s included:

Try our easy step-by-step guide
Create your state-specific documents before you buy
Only purchase if you are satisfied with your estate planning documents
Create a power of attorney that’s customized to your wishes and your state’s laws
Free changes and revisions to your document for a full year after purchase

*Select your state

Health Care Directive & Living Will

For One Person

*Select your state

$39

What’s included:

Try our easy step-by-step guide
Create your health care directive and living will before you buy
Only purchase if you are satisfied with your estate planning documents
Create a document that’s customized to your wishes and your state’s laws
Free HIPAA release form
Free changes and revisions to your document for a full year after purchase

*Select your state

Last Will and Testament

For One Person

*Select your state

$79

What’s included:

Try our easy step-by-step guide
Create your documents before you buy
Only purchase if you are satisfied with your estate planning documents
Create a last will and testament that’s customized to your wishes and your state’s laws
Free changes and revisions to your will for a full year after purchase

*Select your state

Estate Planning Package

For Two People

*Select your state

$255

What’s included:

Two wills, health care directives & living wills, and financial powers of attorney
Two free HIPAA release forms
You and your loved one create your own estate plans tailored to your individual needs
Attorney-approved documents customized to your state’s laws
Free changes and revisions for one full year after purchase

*Select your state

Financial Power of Attorney

For Two People

*Select your state

$78

What’s included:

Try our easy step-by-step guide
Create your state-specific, attorney-approved documents before you buy
Only purchase if you are satisfied with your estate planning documents
Create an attorney-approved power of attorney that’s customized to your wishes and your state’s laws
Free changes and revisions to your document for a full year after purchase

*Select your state

Health Care Directive & Living Will

For Two People

*Select your state

$78

What’s included:

Try our easy step-by-step guide
Create your state-specific, attorney-approved documents before you buy.
Only purchase if you are satisfied with your estate planning documents
Create an attorney-approved document that’s customized to your wishes and your state’s laws
Free HIPAA release form
Free changes and revisions to your document for a full year after purchase

*Select your state

Last Will and Testament

For Two People

*Select your state

$149

What’s included:

Try our easy step-by-step guide
Create your state-specific, attorney-approved documents before you buy
Only purchase if you are satisfied with your estate planning documents
Create two wills customized to your wishes and your state’s laws
Free changes and revisions to your wills for a full year after purchase

*Select your state

Health Care Directive & Living Will + Financial Power of Attorney

For One Person

*Select your state

$78

What’s included:

Try our easy step-by-step guide
Create your health care directive and living will before you buy
Only purchase if you are satisfied with your estate planning documents
Create a document that’s customized to your wishes and your state’s laws
Free HIPAA release form
Free changes and revisions to your document for a full year after purchase
Create your state-specific documents before you buy
Create a power of attorney that’s customized to your wishes and your state’s laws

*Select your state

Last Will and Testament + Financial Power of Attorney

For One Person

*Select your state

$118

What’s included:

Try our easy step-by-step guide
Create your documents before you buy
Only purchase if you are satisfied with your estate planning documents
Create a last will and testament that’s customized to your wishes and your state’s laws
Free changes and revisions to your will for a full year after purchase
Create your state-specific documents before you buy
Create a power of attorney that’s customized to your wishes and your state’s laws
Free changes and revisions to your document for a full year after purchase

*Select your state

Last Will and Testament + Health Care Directive & Living Will

For One Person

*Select your state

$118

What’s included:

Try our easy step-by-step guide
Create your documents before you buy
Only purchase if you are satisfied with your estate planning documents
Create a last will and testament that’s customized to your wishes and your state’s laws
Free changes and revisions to your will for a full year after purchase
Create your health care directive and living will before you buy
Create a document that’s customized to your wishes and your state’s laws
Free HIPAA release form
Free changes and revisions to your document for a full year after purchase

*Select your state

Health Care Directive & Living Will + Financial Power of Attorney

For Two People

*Select your state

$156

What’s included:

Try our easy step-by-step guide
Create your state-specific, attorney-approved documents before you buy.
Only purchase if you are satisfied with your estate planning documents
Create an attorney-approved document that’s customized to your wishes and your state’s laws
Free HIPAA release form
Free changes and revisions to your document for a full year after purchase
Create your state-specific, attorney-approved documents before you buy
Create an attorney-approved power of attorney that’s customized to your wishes and your state’s laws

*Select your state

Last Will and Testament + Financial Power of Attorney

For Two People

*Select your state

$227

What’s included:

Try our easy step-by-step guide
Create your state-specific, attorney-approved documents before you buy
Only purchase if you are satisfied with your estate planning documents
Create two wills customized to your wishes and your state’s laws
Free changes and revisions to your wills for a full year after purchase
Create an attorney-approved power of attorney that’s customized to your wishes and your state’s laws
Free changes and revisions to your document for a full year after purchase

*Select your state

Last Will and Testament + Health Care Directive & Living Will

For Two People

*Select your state

$227

What’s included:

Try our easy step-by-step guide
Create your state-specific, attorney-approved documents before you buy
Only purchase if you are satisfied with your estate planning documents
Create two wills customized to your wishes and your state’s laws
Free changes and revisions to your wills for a full year after purchase
Create your state-specific, attorney-approved documents before you buy.
Create an attorney-approved document that’s customized to your wishes and your state’s laws
Free HIPAA release form
Free changes and revisions to your document for a full year after purchase

*Select your state

Do I Really Need a Financial Power of Attorney in Alabama?

You need a financial power of attorney (POA) anytime you need someone to act on your behalf for financial, business, real estate, and other money affairs. It is a good idea for most people to have a financial power of attorney so someone can take care of their financial affairs should they become incapacitated.

If you are seeking a solution for someone to make health care decisions on your behalf in Alabama, you will want a health care directive and living will.

FindLaw provides everything you need to make your financial power of attorney (POA). Click on the links below to jump down the page:

Learn about your options for a financial power of attorney
Use our guided process to created a personalized POA
Find out what you need to do to make your POA valid
Find answers to common questions about wills

Last updated: January 24, 2022

Written by:

Jocelyn Mackie, J.D.

Contributing Author

Reviewed by:

Bridget Molitor, J.D.

Managing Editor

Alabama Financial Power of Attorney Options

Financial Power of Attorney
For one person

A do-it-yourself financial power of attorney form that’s easy to personalize

$39

What’s included:

Step-by-step guided process

A financial power of attorney that’s tailored to your needs

Attorney-approved document compliant with your state’s laws

Free changes and revisions to your will for up to one full year after purchase

* Select your state:

BEST VALUE

Estate Planning Package
For one person

All the forms you need to create a personal estate plan

$135

What’s included:

Last will and testament

Health care directive & living will

Financial power of attorney

Free HIPAA release form

A comprehensive plan — for less

Free changes and revisions for up to one year after purchase

* Select your state:

How It Works

The process takes less than an hour, and you can complete it from the comfort of your home.

Answer Some Questions

Decide who your agent will be and what authority you want them to have. Then, simply answer a few questions.

Create an Account

Creating an account is easy, quick, and secure. Save your information as you go and return when you have time.

Complete Your Document

Once you answer the relevant questions, we do the hard part and create your unique document.

Print, Sign & Make It Legal

Print and sign your document following the instructions. This may include signing in front of witnesses or a notary.

How To Get an Alabama Financial Power of Attorney Form

You have two options for completing a financial power of attorney: hire an estate planning attorney or find a form and fill it out yourself. Findlaw offers state-specific forms.

Choose an agent

Your agent must be over age 18 and willing and able to act in your best interests. Choose someone with knowledge of your personal and business affairs like a spouse, live-in partner, business associate, a good friend, or another family member. If you choose a spouse or domestic partner, select an alternate agent if you and your partner become incapacitated at the same time.

Assign duties to your agent

Your agent’s duties depend entirely on you. If you only want your agent to act on business affairs, you can do that by initializing that section of the power of attorney form and crossing out others. To grant general authority, initial all sections. You are allowed to grant or deny any specific powers listed on the form. For example, some people do not want their agent to access their retirement plan or bank accounts.

Hire a notary public

Financial powers of attorney must be signed and notarized to work. If you do not personally know any notary publics, visit your local bank branch. Print and mail establishments may also have notaries on staff who will notarize your document for a fee.

Distribute copies

Store your original power of attorney in a fire-safe file cabinet or safety deposit box. Before storing, make copies to keep in an accessible file and provide another copy to your agent. Inform your loved ones that you have a financial power of attorney, and consider providing copies to them.

Revoking a Financial Power of Attorney

If you decide to revoke a financial power of attorney, you can do so with a document called a “revocation of a power of attorney” or draft a new one that designates a new agent. Most forms contain a statement indicating that a financial power of attorney revokes all previous powers of attorney, but double-check just in case.

You May Want to Speak With a Lawyer if:

You don’t know who to choose as your agent
You want to use a POA for Medicaid planning
You want to discuss which powers you should give your agent
You want legal review of your completed power of attorney

Find a Local Estate Planning Lawyer

Ready to get started on your financial power of attorney? It’s free to start.

Create My Form

FAQs About Financial Powers of Attorney

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Why should I have a financial power of attorney?

Many people like the reassurance that comes with a financial power of attorney. Specific situations that call for them include:

Frequent international travel
Diagnosis of a chronic or terminal illness
Continued management of business or real estate interests when you are unavailable
Work in hazardous environments or constant exposure to toxic materials

But it’s not just people facing these situations that should have a financial power of attorney. It’s best for everyone to draft one. If you ever become incapacitated, a power of attorney can ensure that someone is able to take care of your financial transactions for you. We never know what life will bring us, so it’s best to be prepared — especially when this preparation takes less than an hour.

How much does an Alabama financial power of attorney cost?

An estate planning attorney charges $150 to $400 an hour to draft and finalize a financial power of attorney. As you can see, it’s much cheaper to do it yourself. If you wish to pay less but still have an attorney’s help, you can purchase our form and have an attorney review it once you are done.

Is there such a thing as a free Alabama financial power of attorney?

You can find a free power of attorney form; however, you will not know if it is effective in Alabama or appropriate for your circumstances. If you own a business, suffer from terminal or chronic conditions, travel abroad frequently, or face constant exposure to hazardous conditions, purchase a form from a trusted source.

Do I need a lawyer for an Alabama financial power of attorney?

The available forms are self-explanatory, and for most people, they cover enough ground. However, if you would prefer the help of a lawyer, you can find a local lawyer through our Alabama estate planning attorney directory.

Prefer to Work With a Lawyer?

Find an experienced estate planning attorney.

Protect yourself with a financial power of attorney

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Do you want to decide how your property is distributed when you pass away?

Sounds good! We’re almost done.

Do you want someone to handle your health care decisions if you are unable?

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Do you want to specify someone who can make financial decisions for you if you are unavailable or incapacitated?

Good to know! How about this next one?

Do you have a spouse with similar needs?

Good to know! How about this next one?

Do you have a spouse with similar needs?

Understood! Last question…

Do you want to specify someone who can make financial decisions for you if you are unavailable or incapacitated?

Good to know! How about this next one?

Do you have a spouse with similar needs?

Good to know! How about this next one?

Do you have a spouse with similar needs?

Sounds good! We’re almost done.

Do you want someone to handle your health care decisions if you are unable?

Understood! Last question…

Do you want to specify someone who can make financial decisions for you if you are unavailable or incapacitated?

Good to know! How about this next one?

Do you have a spouse with similar needs?

Good to know! How about this next one?

Do you have a spouse with similar needs?

Understood! Last question…

Do you want to specify someone who can make financial decisions for you if you are unavailable or incapacitated?

Good to know! How about this next one?

Do you have a spouse with similar needs?

Thank you for taking our quiz! Your answers suggest you might benefit from:

Speaking with a FindLaw Attorney

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Estate Planning Package

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Financial Power of Attorney

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Health Care Directive & Living Will

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Last Will and Testament

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Estate Planning Package

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Financial Power of Attorney

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Health Care Directive & Living Will

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Last Will and Testament

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Health Care Directive & Living Will + Financial Power of Attorney

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Last Will and Testament + Financial Power of Attorney

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Last Will and Testament + Health Care Directive & Living Will

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Health Care Directive & Living Will + Financial Power of Attorney

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Financial Power of Attorney
For one person

Estate Planning Package
For one person