Power of Attorney: Types and Uses

1 min read By James Williams
Share:

General vs. Limited

A general POA grants broad authority; a limited POA restricts the agent to specific acts (e.g., selling a property).

Durable vs. Non-Durable

A durable POA remains in effect if you become incapacitated. A non-durable POA ends if you lose capacity.

Springing POA

A springing POA only takes effect when a specified event occurs—often when a doctor certifies incapacity.

Choosing an Agent

Select someone you trust completely. Discuss your wishes in advance. Consider naming a successor agent.

Consult an estate planning attorney to draft documents tailored to your needs.