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PAGE 1 OF 2 DURABLE POWER OF ATTORNEY NOTICE THE PURPOSE OF THIS POWER OF ATTORNEY IS TO GIVE THE PERSON YOU DESIGNATE (YOUR AGENT) BROAD POWERS, WHICH MAY INCLUDE POWERS TO MAKE DECISIONS RELATING

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What is durable power of attorney?

A durable power of attorney is a legal document that allows an individual (the principal) to appoint someone else (the agent or attorney-in-fact) to make financial and legal decisions on their behalf, even if they become incapacitated.

Who is required to file durable power of attorney?

The principal is the one who is required to file a durable power of attorney. This is done voluntarily to ensure that someone they trust can act on their behalf if they are unable to make decisions in the future.

How to fill out durable power of attorney?

To fill out a durable power of attorney, the principal needs to include their personal information, choose a reliable agent, specify the powers granted, and sign the document in the presence of witnesses or a notary public. It is recommended to consult with an attorney to ensure the document is properly completed.

What is the purpose of durable power of attorney?

The purpose of a durable power of attorney is to designate someone to manage the principal's financial affairs and make legal decisions on their behalf if they are unable to do so due to incapacitation. It provides peace of mind and may prevent the need for court-appointed guardianship.

What information must be reported on durable power of attorney?

The durable power of attorney should include the principal's personal information, the agent's name and contact details, the specific powers granted to the agent, any limitations or restrictions, and the effective date of the document.

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