|Page: What is Durable Power of Attorney|
What is Durable Power of Attorney?
The Durable Power of Attorney is a temporary document which serves a specific purpose and usually ceases on death, revocation or divorce. if the rights were awarded to respective spouse.
Jasper L. Edwards
It's usually recommended that you seek the services of professional legal experts to assist you in drafting such a copy. The document is crucial in helping persons prepare for unforeseen events of by bestowing someone trustworthy to make the right to make decisions on your behalf. Whether you’re going to be unavailable, or you want to prepare for unexpected illness or incapacity, it is advisable to create a Durable Power of Attorney to make sure the right person makes decisions in your absence.
The purpose of the document is usually to guide or advise on how important matters should be handled in case of emergency. This feature is important as it helps to avoid family arguments in making decisions in circumstances involving stress. Creating a Durable Power of Attorney in any region is fairly easy as it only requires persons above the age of 18, of sound mind and aware of the legal implications of the document. Major issues of concern include finances and healthcare.
When it comes to finances, the power of attorney is crucial as it grants exclusive rights to your chosen beneficiary the legal right to act on your behalf in instances of emergencies. It gives the assigned persons the legal right to write checks, sign official documents, as well as handle any other legal matters in your best interest if you become incapable of doing so. An agent granted this right is able to act in your best interests in any issue concerning finances. To make the document legal, there must be a witness to ensure the validity of the information provided and signatures against the document.
Another area where the Durable Power of Attorney is applicable is in healthcare. Just as in finance, the document gives legal rights to trusted person/s in regard to making medical decisions in the case of emergency. A written will may not necessarily cover all aspects of life and thus the Durable Power of Attorney is sure to handle those issues that have not been highlighted in your healthcare directive. Whatever is declared in the durable power of attorney, it cannot go against the terms of your healthcare directive. The power of attorney takes effect when your doctor declares that you are incapable of making your own healthcare decisions.
You may also be interested in:
Free General Power of Attorney
|For more information, visit http://www.freewillstoprint.com|
Back to top | Print this page | Bookmark this page