What is the difference between general and durable POA?

What’s the difference between durable and general power of attorney? A general power of attorney ends the moment you become incapacitated. When a power of attorney is durable, that means there’s language within the document which states an agent’s authority continues to apply if you become incapacitated.

What is a durable power of attorney ( POA )?

A legal document that assigns authority to an agent to act on your behalf in specific matters outlined by the document. One of the most powerful tools for managing your affairs should you become mentally incapacitated is a durable power of attorney (DPOA). Understand the legal powers and responsibilities of assigning and holding POA.

Can a sibling be an agent under a power of attorney?

If you are dealing with a sibling who has been named agent under a power of attorney or if you have been named agent under a power of attorney over your siblings, the following are some things to keep in mind: Right to information. Your parent doesn’t have to tell you whom he or she chose as the agent.

What happens to a PoA when the principal dies?

Make decisions on behalf of the principal after their death. POA ends with the death of the principal (The POA may also be named the executor of the principal’s will or if the principal dies without a will, the agent may then petition to become administrator of their estate.) Change or transfer POA to someone else.

Can a trusted family member handle a PoA?

Individuals usually choose a trusted family member to handle the responsibly of making health and/or financial decisions on their behalf, but it is important to understand the effects POA designations can have on family relationships. Read: When Family Members Feud Over POA