It is possible to prevent a guardianship and name your own hand-picked decision-makers through the creation of a legally binding document called a durable power of attorney. You have probably heard of powers of attorney, but you may wonder what the “durable” designation is all about. A standard power of attorney that is not designated as durable would not remain in effect if the grantor (the person granting the power) was to become incapacitated. A durable power of attorney does remain effective in the event of the incapacitation of the grantor.
Topics covered in this report include:
- Adult Guardianship
- Durable Power of Attorney
Latest posts by Mark S. Eghrari, Estate Planning Attorney (see all)
- Estate Administration Can Be Simplified With a Living Trust - January 17, 2019
- An Overview of the Estate Administration Process - January 16, 2019
- Confront the Eventualities of Aging - January 15, 2019