What is a Durable Power of Attorney?

A durable power of attorney appoints an agent to manage your legal and financial affairs and gives the agent signature authority over your accounts. It is effective immediately upon signing and it continues to be valid and effective during any period of incapacity. This is a powerful document and should only appoint an agent who has your absolute trust. An effective durable power of attorney can help to avoid guardianship proceedings if you become incapacitated.