Financial Power of Attorney

Helping You Act with Confidence and Care

Being named as someone’s Financial Power of Attorney (POA) is both an honor and a serious responsibility. It means that someone trusts you deeply—to make important financial decisions, manage their assets, and protect their best interests when they can no longer do so themselves.

At Bridges Fiduciary Services, we understand the challenges that come with serving as a Financial Power of Attorney from organizing accounts and paying bills to documenting decisions and maintaining transparency with families and professionals.

We believe that financial stewardship should be done with both head and heart. Our team combines professional fiduciary expertise with compassionate understanding, ensuring that we can carry out our responsibilities with confidence, accuracy, and peace of mind.

Understanding the Financial Power of Attorney Role

A Financial Power of Attorney is a legal document that allows an individual (the “principal”) to appoint another person (the “agent” or “attorney-in-fact”) to manage their financial matters. This authority might take effect immediately or only if the principal becomes unable to act on their own. While the specifics vary by situation, the purpose remains the same — to ensure continuity, protection, and proper handling of the person’s financial life.

When we accept this responsibility, we step into a role governed by fiduciary duty. That means every action we take must serve the principal’s best interests. We may need to:

Pay bills, manage income, and oversee bank accounts
Handle taxes, investments, or property management
Coordinate with attorneys, accountants, and family members
Keep detailed financial records and report on activities when necessary

Our Financial Power of Attorney Services were designed to help perform our duties confidently and correctly. We provide organization and administrative support tailored to each individual’s unique situation. We provide recordkeeping, assistance communicating with financial institutions, and help managing ongoing transactions.

Call 520-675-7879 to speak with Bridges Fiduciary Services about how we can help you safeguard your finances.

What’s Included in Our Financial Power of Attorney Support

Every Power of Attorney situation is unique. Some agents are managing complex estates; others are simply ensuring that bills are paid and budgets stay balanced. Regardless of the size or scope, Bridges Fiduciary Services offers customized services tailored to each person’s needs.

1. Financial Management and Organization

We help you gain full visibility into all financial accounts and obligations. We work on setting up systems for bill payment and expense tracking to reconciling bank statements, we make financial management straightforward and stress-free.

2. Documentation and Recordkeeping

Proper documentation protects the principal and demonstrates compliance with fiduciary standards. We monitor digital systems for logging all transactions, keeping receipts, and summarizing actions taken. This ensures transparency and readiness for family or legal review if needed.

3. Coordination with Professionals

A Financial Power of Attorney often involves collaboration with accountants, attorneys, and financial advisors. We facilitate this communication — ensuring information flows smoothly and that all professionals are aligned on the principal’s financial plan.

4. Asset and Property Management

From real estate to personal property and investments, we assist in maintaining and protecting the principal’s assets. That may include coordinating maintenance, ensuring insurance coverage, or managing income-producing properties responsibly.

5. Benefit and Resource Oversight

We review income sources, benefits, and insurance policies to make sure everything continues uninterrupted. If dealing with Social Security, pensions, or other programs, we’ll stay on top of reporting and documentation requirements.

6. Family Communication

One of the hardest parts of being a POA is balancing family expectations. We communicate clearly and document decisions to minimize confusion or disputes. Our goal is to create transparency, trust, and collaboration among everyone involved.

Our Process and Why It Matters

Managing someone else’s finances is a serious undertaking, but with the right process, it becomes a manageable one. Our structured approach combines clarity, compliance, and compassion.

Step 1 – Review and Orientation

We begin by reviewing the Power of Attorney document and clarifying our authority, limitations, and duties. We’ll discuss the principal’s goals, preferences, and current financial situation to create a clear plan of action.

Step 2 – Organize and Implement

Next, we organize accounts, set up systems for managing transactions, and establish documentation procedures. This structure prevents confusion, protects integrity, and simplifies ongoing financial responsibilities.

Step 3 – Coordinate and Communicate

Once the plan is in place, we coordinate with necessary parties—such as attorneys, financial institutions, and family members—to ensure smooth collaboration. We prepare updates and reports that keep everyone informed.

Step 4 – Maintain and Monitor

We provide ongoing oversight and support to ensure actions remain consistent with fiduciary standards. Whether it’s reviewing account activity, preparing summaries, or managing changes in circumstances, we’re there to stay proactive and compliant.

Why Clients Choose Bridges Fiduciary Services

Our approach is rooted in understanding and trust. We know that serving as a Financial Power of Attorney isn’t just about managing numbers — it’s about protecting someone’s life’s work and ensuring their wishes are respected.

At Bridges Fiduciary Services, we combine professional fiduciary knowledge with a human-centered approach.

We are committed to:

Clear communication and accountability
Accurate financial reporting and recordkeeping
Transparent collaboration with families and professionals
Confidential, compassionate service

When you work with us, you gain more than support — you gain peace of mind.

Take the Next Step

Let Bridges Fiduciary Services carry out the Financial Power of Attorney duties with clarity, compliance, and care.