A
Power of Attorney can be a useful tool to help you manage your property
and
facilitate business transactions when you are unable to or unavailable
to act.
An "Agent" is appointed by you to act in this capacity.
A
power of attorney is durable, that is, it is effective until the
principal's
death unless it is revoked or amended. Your wishes will be carried out
despite
your subsequent incapacity.
You
can make a power of attorney effective at a future date, or when a
certain
event (such as medical disability) takes place. The power of attorney
may be
revoked or amended at any time.
The
Agent has broad control to manage all of your personal property.
The
power of attorney is a convenient way for you to manage your property
and
business affairs when you cannot be present or if you are incapacitated
or
disabled.