You may have heard the phrase durable power of attorney.
The key part of this phrase is “durable.” Regardless of the type of power of attorney, the durable part signals that the POA stays in effect even after the subject of the POA becomes incapacitated.
In the following article, we’re going to break down how a durable power of attorney affects Financial & Healthcare obligations of the person in need of POA.
Financial Power of Attorney
A financial power of attorney names someone to oversee your finances.
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