Durable Power of Attorney

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A Durable Power of Attorney is a legal document that enables a person (the "principal") to name someone else (the "agent") to act on the principal's behalf related specifically to financial-related tasks and decisions.

Effective Date

It takes effect when the principal is unable to complete certain tasks due to his or her incapacity.

Agent's Authority

The agent can have broad or limited authority to make decisions about the principal's property or finances.