Get started now Download template How Does the Durable Power of Attorney Work?Īs earlier highlighted, a durable power of attorney continues to be effective even after a medical professional or physician confirms the principal is no longer fit to make certain decisions on his/her own.Įssentially, a durable power of attorney is giving another individual to make certain transactions in your name. On the other hand, a general power of attorney is no longer effective when the principal is no longer deemed mentally capable of making certain decisions for him/herself. This power is ‘durable’ because it remains valid even after the physical or mental incapacitation of the principal. While the one who designates this role is called the principal, the one who assumes the role of representing the principal in the principal’s legal and financial matters is described as the agent or attorney-in-fact.
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