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A durable power of attorney is the delegation of certain financial powers from one (1) party to another. In other words, the authority delivered enables the agent to function as the principal in regard to the assigned duties.
A durable power of attorney (DPOA) form allows an individual ("principal") to select someone else ("agent") to handle their financial affairs while they are alive. The term "durable" refers to the form remaining valid even if the principal becomes incapacitated.
A durable power of attorney authorizes an individual of your choosing to act on your behalf – and it covers circumstances where you may become unable to make your own decisions and take care of your affairs or estate.
Durable Power of Attorney Documents. What is a power of attorney document? A power of attorney document lets you choose a trusted friend or relative to help you with your finances and/or health care decisions.
Durable (Financial) Power of Attorney – Delegates financial decision-making powers to someone else. The term “durable” means the form remains in effect even if the principal is no longer able to make decisions for themselves.
Fill out Durable Power of Attorney forms. It’s simple: we ask you questions and use your answers to complete your forms. Link takes you to a separate website. Or you can download instructions and blank forms below.
Durable ($) Power of Attorney – To grant power to bank accounts, real estate, and any other financial-related acts. The powers are durable which means the form remains valid even if the principal should become mentally incompetent.
A general durable power of attorney authorizes someone to act in a wide range of legal and business matters and remains in effect even if you become incapacitated. The document is also known as a durable power of attorney for finances.
A power of attorney is “durable” if it says that your agent can use it even if you become sick or injured and cannot make decisions for yourself. Do I need to sign my power of attorney in front of a notary?
A durable power of attorney (DPOA) is a legal document that allows a person — known as an agent or attorney-in-fact — to act on your behalf when you can’t make decisions yourself. The agent’s authority over your money and health care decisions can be very broad or very narrow.