Springing POA:a form of power of attorney thatonlytakes effect if you’re incapacitated (with strict criteria establishing a threshold for incapacitation) What Does a Financial Power of Attorney Do? For a financial power of attorney specifically, you authorize someone to manage your financial matte...
Power of attorney (POA) gives someone the legal right to make decisions for someone else. You can name a POA for legal, financial or medical decisions. You can name different people for each role. An ordinary power of attorney ends if you become incapacitated, but a durable power of attorn...