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A durable power of attorney allows a person to choose someone else to make financially related decisions on their behalf. The term “durable” refers to the form remaining in effect even if the person delegating the power, the “principal,” is deemed incapacitated.
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 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.
This power of attorney authorizes another person (your agent) to make decisions concerning your property for you (the principal). Your agent will be able to make decisions and act with respect to your property (including your money) whether or not you are able to act for yourself.
A Durable Power of Attorney (DPOA) is a document that allows someone you choose (an “agent” or “attorney-in-fact”) to make certain decisions for you or act on your behalf, even if you become incapacitated. A durable POA remains valid until your death or until you actively revoke it.
Durable Power of Attorney Forms. A durable (financial) power of attorney form is a legal document that gives an individual (principal) the power to appoint a trusted person or entity (the agent or attorney-in-fact) to manage their finances.
Free Durable (Financial) Power of Attorney Forms. A durable power of attorney allows you to handle another person’s financial decisions on their behalf. All decisions made must be to the benefit of the person being represented.
Power of attorney is a legal document that allows an individual (known as the “Principal”) to select someone else (the “Agent” or “Attorney-in-Fact”) to handle their business affairs, medical responsibilities, or any decision that requires someone else to takeover an activity based on the Principal’s best interest and intentions.
Durable Power of Attorney Forms. Last updated July 2nd, 2024. Downloads: 25,982. Power of Attorney » Durable. A durable power of attorney form is completed by a principal to appoint an agent to make financial decisions on their behalf, whose powers remain in effect in perpetuity.