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What is a durable power of attorney?

Durable Power of Attorney Explained

A Durable General Power of Attorney is perhaps the most powerful legal document that can be written. In short, a power of attorney is a document that gives another person the absolute power and authority to sign anything that you can sign, to virtually do anything you can do yourself. In other words, a person who has your “power of attorney” (attorney-in-fact) acts in your place. Such a person actually signs your name and adds their signature with the phrase “under power of attorney.” An attorney-in-fact can sell your house, file a lawsuit in your name, apply for loans, credit cards, etc.

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Giving someone your power of attorney is a very serious decision, so before you execute a durable general power of attorney, consult a lawyer.

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