Durable Power of Attorney for Financial Matters
A durable power of attorney for financial matters authorizes your agent/attorney‑in‑fact to act on your behalf in a variety of different situations. A durable power of attorney for financial matters is usually used to allow your agent/attorney‑in‑fact to handle all of your financial affairs when you are unable to handle them. If a power of attorney is durable, it remains valid and in effect even if you become incapacitated and unable to make decisions for yourself. If a power of attorney document does not explicitly say that the power is durable, it ends if you become incapacitated.