Durable Power of Attorney

By: Martin M. Shenkman, CPA, MBA, JD

A power of attorney is a document in which you (grantor or principal) give a person (agent) the authority to act on your behalf. If you want the appointment to remain effective in the event you are disabled (and in almost all cases you will) the power of attorney should include express language stating that it will remain valid even if you become sick or incapacitated. A power of attorney with such language is referred to as a "durable" power.

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