A durable power of attorney refers to a “power of attorney” that doesn’t come to a halt due to the incapacity of the principal. This means that the durability continues to hold, even when the principal can no longer make decisions or speak for themselves.
A person who becomes disabled or incapacitated can use a durable power of attorney to name another individual to act in their behalf.With a durable power of attorney, a person can make arrangements for their future in terms of medical emergencies and other mental declines. It also helps in ensuring that an individual plans their finances ahead of time.
Having the durable power of attorney documents in place can prevent any uncertainty or confusion amongst family members when a tough decision concerning the principal needs to be made.« Back to Glossary Index