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Durable Power of Attorney

A legal document that appoints someone to make financial and legal decisions on behalf of the person who created the document.

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Original price was: $212.56.Current price is: $103.55.

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Service Description

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 act on their behalf in various legal and financial matters. The “durable” aspect of this document means that it remains in effect even if the principal becomes incapacitated or unable to make their own decisions.

The agent’s powers and responsibilities can vary depending on the specific language of the document, but typically include the ability to make decisions related to healthcare, finances, and legal matters. Some examples of actions an agent may be authorized to take include paying bills, managing bank accounts, selling property, signing contracts, and making medical decisions.

It is important to carefully select an agent who can be trusted to act in the best interests of the principal. The principal should also clearly communicate their wishes and expectations to the agent, and ensure that the document is updated regularly to reflect any changes in their circumstances or preferences.

In order for a Durable Power of Attorney to be legally binding, it must be signed by the principal and witnessed or notarized according to the requirements of the relevant state law. It is recommended that individuals seek the advice of a qualified attorney when creating this document, in order to ensure that it meets all legal requirements and accurately reflects their wishes.

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