Choose who can act with powers of attorney: test your skills
If you cannot act for yourself, these documents name who can — for money and for health decisions. Answer each question to see the explanation; your score appears at the end.
This test checks that you can
- Explain financial and healthcare powers of attorney
- Know what “durable” means
- Choose and brief agents
- Practice
1. A durable power of attorney…
- Practice
2. Who makes medical decisions if you cannot?
- Practice
3. Can a spouse automatically manage your individual accounts?
- Key idea
4. Which statement best explains "Alive but unable"?
- Key idea
5. Which statement best explains "Durable means it lasts"?
- Key idea
6. Which statement best explains "Family is not automatic"?
- Action plan
7. In the action plan, which step comes first?
- Mistake to avoid
8. Which of these is a mistake this lesson warns against?
- Mistake to avoid
9. Which of these is a mistake this lesson warns against?
You name 1 primary and 2 backup agents for money, and 1 primary and 1 backup for health. How many people do you need to brief?
Show the answer
Up to 5 (fewer if someone holds both roles)
3 + 2 = 5 roles.
Write the names of the people you would want as your financial and healthcare agents.
More tests in this bootcamp
- Compare term and whole life insurance by the need
- Understand how disability insurance protects income
- See where umbrella liability insurance fits
- Understand what a will and living trust each do
- Choose who can act with powers of attorney
- Plan college savings with a 529 account
- Teach money skills with small choices and visible goals
- Final exam: Protection and estate planning