A Durable Power of Attorney is an instrument in which you appoint an agent or “attorney in fact” to be your lawful attorney to conduct all your affairs, with full power and authority to act in your name and on your behalf as fully as you could do if you were personally present. A Durable Power of Attorney is primarily used in the event that you are not able or available to manage your affairs. In a Durable Power of Attorney, you may name a conservator in the event that you become disabled or incapacitated. In some cases, a Durable Power of Attorney will become effective upon execution and should be kept in a secure and safe place with your other estate planning documents until such time it is need.
You can find more information on a Durable Power of Attorney at the website of Matthieu J. Massengill, P.C. .
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