The same individual can be appointed as a durable power of attorney and executor, if desired. Power of attorney vs. durable power of attorney Both types of POA grant similar authority.

Critically, a Power of Attorney—with or without hot powers—is not a document that a Principal should attempt to download from the internet to execute on one’s own.

A medical power of attorney is a legal assignment that gives someone the authority to make medical decisions on your behalf if you are incapacitated. By definition, you must make this a durable ...

While there are forms available on the internet, a durable power of attorney is not a one-size-fits-all document, and many important considerations tend not to be included in the generic forms ...

It’s viewed as the most important estate planning instrument – even more so than a will. It’s the durable power of attorney (POA) for financial matters, according to Harry Margolis, author ...

It may also appoint a Health Care Proxy or Durable Power of Attorney for healthcare, who is responsible for making decisions on your behalf, if you are unable to do so.

A durable power of attorney means the document will outlast your disability. In other words, the POA will remain valid should you become hurt, sick or cognitively impaired.

That’s why you need a Durable Power of Attorney. It, a will, and a Healthcare Power of Attorney are the three foundational documents of your estate planning.

You can also find power-of-attorney forms on do-it-yourself websites such as LegalZoom, Nolo and Rocket Lawyer. You’ll pay about $40 to create the forms online.