Estate Planning

Financial Power of Attorney in Georgia

Without this document, a court decides who controls your finances if you become unable to. That process takes months and costs thousands of dollars.

What a Financial Power of Attorney Actually Does in Georgia

A financial power of attorney names someone you trust to manage your money if you cannot. Without one, your family has to open a conservatorship in probate court — which takes months and costs thousands. The Hive Law includes a durable financial power of attorney in every complete estate plan, drafted to Georgia Code standards.

105+ Five-Star Google Reviews
6 Years Serving Georgia Families
127,000+ Social Media Followers
Husband & Wife Boutique Service

Here Is What Happens to Your Finances When You Cannot Manage Them Yourself

A financial power of attorney is one of the most practical documents in estate planning. Without it, no one has automatic legal authority to handle your money, pay your bills, or manage your property if you become incapacitated. Your spouse cannot do it. Your adult children cannot do it. Not without a court order.

What “Durable” Means and Why It Matters

Georgia recognizes a Durable Power of Attorney (DPOA). The word “durable” means it stays in effect even after you lose mental capacity. A standard power of attorney automatically terminates when you become incapacitated, which is exactly when you need it most. Only a durable power of attorney gives your agent authority when a health crisis happens.

What Your Family Has to Do Without One

Without a financial power of attorney, your family must file a petition in Georgia probate court to be named your conservator. The court schedules a hearing, reviews the evidence, and appoints someone to manage your estate. The process takes 6 months or more. Legal fees often exceed $5,000. During that time, bills go unpaid, accounts go unmanaged, and property cannot be sold or refinanced. The court, not you, chooses who controls your finances.

What Your Agent Can Do

Georgia’s DPOA Act gives your agent authority across 16 categories of financial power. Your agent can manage bank accounts, pay bills, file tax returns, handle real estate transactions, manage investments, operate a business, and interact with government agencies on your behalf. You can grant all 16 categories or limit authority to specific areas. You define the scope when you sign.

Who Should Be Your Agent

Your agent should be someone you trust completely. They will have broad access to your financial life. Most people choose a spouse first, then an adult child or sibling as a successor agent. The successor agent steps in only if the primary agent cannot serve. Naming a successor costs nothing extra and closes a significant gap in your plan.

What a Financial Power of Attorney Does Not Cover

  • It does not cover healthcare decisions. A separate Advance Healthcare Directive handles that.
  • It does not distribute assets after death. Your will or trust controls asset distribution.
  • It does not protect assets from Medicaid spend-down. A Medicaid Asset Protection Trust handles that.
  • It cannot be created after incapacity begins. You must have legal capacity when you sign.

Who This Is For

Every adult in Georgia should have a durable financial power of attorney. The risk is not only age-related. A car accident, a stroke, or a surgical complication can leave any adult temporarily unable to manage their finances. If you have a bank account, own property, or pay bills, you need this document. The cost of creating it is a fraction of the cost of not having it.

$5,000+ Average Cost of Emergency Conservatorship in Georgia
16 Categories of Financial Power Under Georgia's DPOA Act
6+ Months Georgia Probate Court Conservatorship Takes

What The Hive Law Prepares, How the Process Works, and What You Receive

The Hive Law prepares your financial power of attorney as part of a complete incapacity plan. Three documents work together to cover every gap. Each one gives your family legal authority to act without going to court.

The Document

We prepare a Georgia Durable Power of Attorney that complies with the 2017 Georgia DPOA Act. The document grants your chosen agent authority across the financial categories you select. We walk through every option with you during your Family Protection Audit before anything is drafted. Nothing is signed until you understand exactly what it says and what it does.

The Process

Everything is handled over the phone. You do not need to visit our office. We schedule your Family Protection Audit, draft your documents, deliver them for review, schedule a signing call, and store your executed originals in a secure client portal. Most families complete the full process in one to two weeks.

The Guarantee

Your financial power of attorney must give your agent the legal authority they need on day one. If a bank, brokerage, or government agency refuses to honor the document due to a drafting error on our part, we fix it at no charge. We stand behind every document we prepare.

Estimated value at other firms: $3,200
$1,500
One flat fee. No hourly billing. No surprise invoices.

The Documents

  • Financial Power of Attorney
  • Advance Healthcare Directive
  • HIPAA Authorization

The Implementation

  • Document Walk-Through Call
  • Signing Instructions
  • Executed Originals Package

The Included Services

  • Successor Agent Orientation
  • Digital Copy in Secure Client Portal
  • Post-Signing Checklist

Every document we prepare gives your agent the legal authority they need, on day one. If any drafting error limits that authority, we fix it at no charge.
Your $500 Family Protection Audit is credited toward this total. Everything is handled over the phone. Documents are stored in a secure client portal. Most families complete the process in one to two weeks.

This document is included in The Complete Family Trust Package. If you are also setting up a revocable living trust, ask about bundling your incapacity documents with your trust for a single flat fee.

Most clients tell us the Family Protection Audit is the most useful conversation they have had about their finances in years.

Without a Financial Power of Attorney

  • A court must appoint a conservator before anyone can legally manage your finances
  • The process takes 6 months or more and costs $5,000 or more in legal fees
  • Your family cannot pay bills, access accounts, or manage property during proceedings
  • The judge chooses who controls your money. It may not be who you would have chosen.
  • Conservatorship requires annual court reports and ongoing legal oversight for years

With a Financial Power of Attorney

  • Your chosen agent can act immediately when they need to. No court visit required.
  • Banks, brokers, and government agencies are required to honor a Georgia DPOA
  • Your agent can pay bills, manage investments, and handle real estate on your behalf
  • You choose your agent and define exactly how much authority they have
  • The document costs a fraction of what conservatorship does and takes weeks, not months

How It Works

1

Schedule Your Family Protection Audit

Book a 60-minute call with Melissa. She reviews your assets, your family situation, and where you are currently exposed.

2

Melissa Designs Your Plan

She builds your estate plan from scratch based on your specific assets and family. You get an exact quote before you commit to anything.

3

Review Every Document With Melissa

Before you sign, Melissa walks through every section of your trust with you in plain language. No legal jargon. No confusion about what you are signing.

4

We Fund and Finalize Everything

We retitle your property, verify every account is correctly aligned with your trust, and make sure your successor trustee knows exactly what to do when the time comes.

Melissa Breyer

Melissa Breyer

Georgia Estate Planning Attorney

Melissa Breyer is a Georgia estate planning attorney who works exclusively on trust-based estate planning and LLC formation. She personally designs every plan at The Hive Law and handles every client consultation herself. Every plan is built from scratch for your specific family, your specific assets, and your specific wishes.

105+ Five-Star Google Reviews

What Our Clients Say

Frequently Asked Questions

Only if the document explicitly grants that authority. Georgia’s DPOA Act does not allow self-dealing by default. An agent who misuses their authority can be held personally liable for breach of fiduciary duty. We explain fiduciary obligations to every client and recommend naming a successor agent as an added safeguard.

A power of attorney must be signed while you have legal capacity. That means you understand what the document is and what authority it grants. An early-stage dementia diagnosis does not automatically eliminate capacity. The legal standard is decision-making capacity, not a diagnosis. If capacity is in question, we can coordinate with your physician to document it. The time to act is while capacity is clear.

Banks in Georgia are required to accept a valid Durable Power of Attorney under the 2017 Georgia DPOA Act, with limited exceptions. A bank may request documentation to verify the agent’s identity or the document’s validity. We prepare documents that comply fully with Georgia law and can assist if a financial institution raises concerns.

Yes. You can revoke a durable power of attorney at any time while you have legal capacity. Revocation should be done in writing and delivered to your agent and any institution that has a copy on file. If your situation changes, a new document can be prepared at that time.

A financial power of attorney covers financial and legal matters only. It does not give your agent authority over medical decisions. A healthcare power of attorney, which is part of your Advance Healthcare Directive, covers medical decisions. Both documents are needed for a complete incapacity plan. The Hive Law prepares both as part of the same package.

No. A power of attorney only applies while you are alive. It has no effect after death. Your will or revocable living trust governs what happens to your assets after you pass. A power of attorney and a trust serve different purposes and are both part of a complete estate plan.

Ready to Protect Your Family?

Schedule your 60-minute Family Protection Audit with Melissa. $500, credited toward your estate plan.

Book Your Family Protection Audit

Not Ready Yet?

Join our free live webinar to learn what every Georgia family needs to know about protecting their home, their savings, and their family.

Save My Seat