If you’re on the fence about getting a regular power of attorney or durable power of attorney, here’s a guide that can help you decide.
The main difference between a durable financial (POA) attorney and a regular power of attorney is that the latter comes to an end when the person granting the power of attorney (the principal) becomes incapacitated.
Alternatively, a durable power of attorney continues even if the principal becomes debilitated. The principal can also revoke the durable power of attorney as long as they have the mental capacity to make their own decision.
To understand the two, contact Meurer Law Offices P.C. today and consult with an estate planning attorney.