Durable Power of Attorney

A Durable Power of Attorney (POA) can protect you even if you become incapacitated.

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WHAT IS DURABLE POWER OF ATTORNEY?

Protect your loved ones from having to make difficult decisions with a Durable Power of Attorney.

A Durable Power of Attorney is essentially the same thing as a traditional POA, except for one key difference. Durable POAs stay in effect even if you are to ever become incapacitated. A traditional POA would expire at that point, eliminating any protection it ever provided you. 

Having a Durable POA means your agent will be authorized to act on your behalf until you pass away, or until you decide to revoke his or her power. Durable POAs are often used as a type of financial Power of Attorney, both for personal and business-related decisions.

Name your Durable Power of Attorney today to rest easy knowing you have someone in your corner who’s enabled to make decisions on your behalf. 

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WHAT THEY DO

What can a Durable POA do? 

A Durable Power of Attorney seamlessly grants any agent you appoint the legal authority to deal with your daily issues. The “Durable” part is key, because it means your POA will stay in effect even if you were to suddenly become incapacitated. As noted earlier, a traditional, basic POA would simply expire once you become incapacitated. With a Durable POA, even if the unthinkable happens, your POA could potentially:

  • Act in any manner on your behalf

  • Sign legal documents as necessary

  • Advise on healthcare decisions

  • Make personal financial decisions for you

  • Make financial decisions for your business

Does a Durable POA End When You Die?
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How Long Does a Durable POA Last?
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Can I Revoke or Change a Durable POA?
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Are There Any Drawbacks to Having a Durable POA?
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How You Can Use A Durable POA

There are several instances where a Durable POA can be useful. With your authority, a Durable POA can legally do any of the following: 

  • Sell Property
    A Durable POA can handle real estate transactions for you, even if you’re unable to be there for them.

  • Access Bank Account
    With the appropriate Durable POA designation, access to bank accounts will be given, so your daily financial needs or emergencies can be quickly handled for you. 

  • Sign Document
    This could be useful for anything from: you’re out of town on business or vacation and unable to sign transactions, to you become ill, to you suddenly become incapacitated. If any of these were to occur, your Durable POA could quickly step in and act on your behalf.

  •  Make Healthcare Decisions
    If you’ve appointed a Durable Power of Attorney to also make healthcare decisions for you, this person can act if you suddenly become incapacitated due to illness or accident.

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TRUST & WILL

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