![]() If you want your durable power of attorney to be able to cover all decision-making areas, then there is no need to distinguish between different types of durable power of attorney. This person has the power to make medical decisions if you can’t do so. Medical Power of Attorney or a Durable Power of Attorney for Healthcare This person has the authority to manage your financial affairs if you should become incapacitated. Some people choose to have different types of durable powers of attorney to handle different types of their affairs. Also, many states consider power of attorney as durable unless it is explicitly stated otherwise. This includes times when the principal and the agent divorce, but documents have not been updated to reflect that. ![]() There are many circumstances where the courts will end durable power of attorney. The powers remain in effect until the principal dies or decides to take away the power they’ve given their agent. Durable Power of AttorneyĪ durable power of attorney continues even if the principal becomes incapacitated. If you’re looking for your power of attorney to cover end-of-life decisions, this is not the type you’ll want to choose. It’s extremely important to note that a general power of attorney ends the moment the principal becomes incapacitated. You want to be completely comfortable with the person and the abilities you’re giving them. Think about what decisions you trust your agent to make for you. Buying, selling, and managing real estate.These include:Īs the principal, you can decide what powers your agent has. Under a general power attorney, the agent has broad authority to make a variety of decisions. Let’s take a look at the differences between the two. When you come to the our law firm inquiring about power of attorney, our team may ask if you’re looking to establish a general power of attorney or durable power of attorney. In legal terms, the person initiating the document is called the principal and the person they designate to act on their behalf is the agent. ![]() What is Power of Attorney?Ī power of attorney is a legal document that gives another person the authority to act on the behalf of the person who is drawing up the document. can help whether you choose a general power of attorney or durable power of attorney. We’ll also explore how The Doyle Law Offices P.A. What is the difference between general power of attorney and durable power of attorney? We’re going to explain the two so that you can decide which one better suits your situation. Not knowing the difference between the two can lead to unfortunate circumstances. Two types include general power of attorney and durable power of attorney. When planning your estate many people authorize a power of attorney and are unaware that there are different types. If you have power of attorney for a loved one or are thinking about authorizing someone, the type you choose can impact what someone can or cannot do by law. ![]()
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