What is a durable power of attorney?



A durable power of attorney is a document that allows someone to act on behalf of you. The power can take place immediately and continue to work if you are later declared incompetent, or it can spring into action if you are later declared to be incompetent. The “durable” portion means that if you are ever declared incompetent (incapable of managing your own affairs) then the person may act on your behalf. The person to whom the power is granted owes a fiduciary duty to the power grantor.

Related Articles:

If you would like to discuss this with our firm, please call us at (214) 696-0021, or click below to instant chat with us.


Or click here for Instant Messaging with our office (office hours only)

Post Footer automatically generated by Add Post Footer Plugin for wordpress.


,

  1. No comments yet.
(will not be published)