Durable Power Of Attorney OCR

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A person giving a Durable Power of Attorney can make it very broad or can limit the Durable Power of Attorney to certain acts. ... It can be used to give another person the authority to make health care decisions, do financial transactions, or sign legal documents that the Principal cannot do for one reason or another.
A durable power of attorney simply means that the document stays in effect if you become incapacitated and unable to handle matters on your own. (Ordinary, or "nondurable," powers of attorney automatically end if the person who makes them loses mental capacity.)
There are two kinds of durable powers of attorney: a durable power of attorney for finances lets you name someone to manage your financial affairs if you become incapacitated, and a durable power of attorney for health care allows someone to make medical decisions for you if you are no longer able to speak for yourself ...
Durable and General Powers of Attorney In a general power of attorney, the agent's powers to act for the principal terminate upon the principal's death or incapacitation, while in a durable power of attorney the agent may continue to act even after these events occur.
What is the purpose of having a Power of Attorney? A Power of Attorney is a document in which an individual appoints someone to serve as his Attorney-in-Fact or as his agent. This individual may handle the financial affairs of such a person as if the agent or Attorney-in-Fact owned the property himself.
When you complete the legal documents called power of attorney, you give another person authority to handle your personal business and make decisions on your behalf. A person creates the power of attorney for use when he is incapacitated or otherwise unable to handle his own affairs.
A Durable Power of Attorney for Health Care allows you to appoint a person or persons to make health care decisions if you cannot act for yourself.
The Durable Power of Attorney for Health Care authorizes someone to make decisions about your health care. ... You can have both a Durable Power of Attorney for Health Care and a Financial or General Power of Attorney, and you can name a different agent for the purposes of each document.
The durable financial power of attorney is simply a way to allow someone else to manage your finances in the event that you become incapacitated and are unable to make those decisions yourself. ... More precisely, it grants someone legal authority to act on your behalf for financial issues.
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