Durable Power of Attorney (Financial)
Document authorizing a trusted person to manage your financial affairs if you become incapacitated, remaining effective despite your disability.
Instructions
Name your agent (attorney-in-fact) and at least one alternate. Specify the powers granted (banking, real estate, investments, tax filing, government benefits). Decide if the power is effective immediately or only upon incapacity (springing). Include the durability clause stating the power survives your incapacity. Sign, date, and notarize. Some states require witnesses. Financial institutions may have their own POA forms — execute those as well.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.