What is a durable power of attorney?

 

Most people are familiar with the idea of a power of attorney, and some have never heard the term ‘durable power of attorney,’ but a durable power of attorney is a very¬†important part of an appropriate estate plan. A durable power of a attorney is in place so that if something¬†happens to you, short of death, where you have lost your competency, then you have appointed someone else who can act on your behalf.

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