What is a General Durable Power of Attorney?

A General Durable Power of Attorney is a document in which you appoint a person, called your agent, to act for you regarding your assets in the event you are unable to do so for any reason. For example, if you are incapacitated and need someone to access your bank accounts, pay bills and complete other financial transactions, the agent named can act on your behalf. At your death, this document terminates and your Personal Representative or Executor named in your Will, once sworn in, would have the authority to handle your financial affairs.

Legal Advice Disclaimer: The information presented on this website serves solely as general guidance and should not be construed as legal advice by MacDonald, Illig, Jones & Britton LLP as a replacement for seeking personalized legal counsel from a qualified attorney. MacDonald, Illig, Jones & Britton LLP does not assume liability for the accuracy or reliability of content hosted on any third-party websites accessible through links provided on this site.