Durable Power of Attorney

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A durable power of attorney is a legal document that grants a designated individual the authority to make financial decisions and act on behalf of another person in the event that they become incapacitated or unable to manage their affairs.

This document is often used to appoint a trusted family member, friend, or attorney to manage the person’s financial affairs, pay bills, make investment decisions, and take other necessary actions.

Unlike a regular power of attorney, a durable power of attorney remains in effect even if the person who granted it becomes mentally incapacitated or unable to make decisions for themselves.

This can be an important part of estate planning and can help ensure that a person’s financial affairs are handled in accordance with their wishes.

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