WHAT IS A Durable Power Of Attorney FOR MANAGEMENT OF PROPERTY AND PERSONAL AFFAIRS?
The Durable Power of Attorney is a legal document which is primarily intended to give your named agent. (with married people initially the other of spouse is the primary agent according to your preferences) the power to deal with any trust or non-trust assets in the event of your incapacity. Please be aware that this document does give your agent broad powers to dispose of, sell, convey and encumber your real and personal property; if you have any concern about granting such broad powers, certain limitations need to be included in the language of the document. Discussing this document with a Professional Estate Planning Attorney is important