Durable Power of Attorney
A durable power of attorney is a document granting the legal authority and power to act on behalf of another person, called a principal. The difference between a non-durable power of attorney and a durable power of attorney is that a non-durable power of attorney becomes ineffective if the principal becomes incapacitated, while a durable power of attorney remains effective.
This brief overview of some important considerations associated with durable powers of attorney is by no means comprehensive. Always seek the advice of a competent professional when making important financial and legal decisions.