GENERAL DURABLE POWER OF ATTORNEY

A General Durable Power of Attorney (GDPOA) is a legal document that allows you to appoint a trusted individual—known as your agent or attorney-in-fact—to handle financial, legal, and property matters on your behalf. What makes it “durable” is that it remains in effect even if you become incapacitated.

What Is Covered Under a General Durable Power of Attorney?

This document can authorize your agent to manage a wide range of responsibilities, including:

  • Banking and financial transactions

  • Managing real estate and personal property

  • Handling tax matters

  • Dealing with government benefits

  • Legal and business decisions

You can choose to grant broad powers or limit your agent’s authority to specific tasks.

When Does It Take Effect?

A General Durable Power of Attorney can:

  • Become effective immediately upon signing, or

  • Only take effect if/when you become incapacitated (known as a springing power)

The choice depends on your preferences and state laws.

Why Create One?

Having a GDPOA in place ensures that:

  • Your financial and legal matters can be managed smoothly during emergencies

  • Loved ones can avoid court proceedings to gain authority over your affairs

  • You remain in control of who makes decisions for you

Key Considerations

  • Choose your agent wisely: This should be someone trustworthy, responsible, and capable.

  • Understand your state laws: Requirements vary by state, especially around signing and notarization.

  • Keep it updated: Review your POA regularly and make changes as needed.