, for health care allows a proxy to make medical decisions on your behalf if you become injured or terminally ill, rendering you incapacitated. There are two types of springing POAs that you can use, including a durable power of attorney for health care and a durable power of attorney for finance.ĭurable Power of Attorney for Health Careĭurable powers of attorney (DPOA), also known as a Sometimes these events lead toĬalling the document a “springing POA” when certain conditions are met-for example, your durable power of attorney “springs” into effect upon your incapacitation. Reasons to use a durable power of attorney primarily center around a specific triggering event. Reason to Use a Durable Power of Attorney Let’s look at this situation more closely and other reasons to use a durable power of attorney. However, a general POA does not address issues once the principal becomes incapacitated. There are many tangible reasons to use a general power of attorney when a person is still alive and cognitive. Retain legal rights to specific designations To use a general power of attorney include: There are usually specific healthcare issues that necessitate using a general power of attorney, such as a mental illness or catastrophic injury. Since this article focuses on durable powers of attorney, let’s take a brief but closer look at general powers of attorney.Ī general power of attorney offers support to the principal while still alive and able to consciously make independent decisions. They also share different purposes as well. The primary difference between a durable power of attorney and general power of attorney is that durable POAs remain intact until the principal either revokes authority or dies while the latter ends upon principal incapacitation. However, they will automatically end upon your death regardless of preceding events.ĭifference Between Durable Power of Attorney and General Power of Attorney You have the right to revoke these powers at any time and on your own free will. It is also helpful to select a person with whom you routinely interact so that they have a better understanding of how you make personal decisions.Ī durable power of attorney ends when specific conditions are met. This individual may be called upon to render decisions on your behalf and in your best interest. The person you choose to act as a durable power of attorney should be someone you trust implicitly. People generally assign durable powers of attorney to: It is a document intended to make the decision-making process as easy and quickly as possible for the agent. Powers extend to authority over financial, medical, and legal affairs decisions if the principal cannot do so. Continue reading to learn everything you need to know about durable powers of attorney.ĭurable powers of attorney (DPOA) allows someone to act as an attorney-in-fact agent on behalf of the principal. Instead of leaving yourself exposed, draft and execute a durable power of attorney to protect your rights and provide your loved ones with peace of mind. By the time they receive power to make decisions on your behalf, it could be far too late in some situations. While many people assume that a spouse or child automatically has authority, this assertion is not the case without having to jump through legal hoops. If you become catastrophically injured or terminally ill and unable to consciously make decisions, who would be able to make them for you?
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