Why Durable Power Of Attorney Is Important?


A Durable Power of Attorney acts as permission slips, giving authority to a third party to do things on behalf of someone else who cannot do it for themselves. The Durable Power of Attorney may very well prevent you from having to be declared incompetent in court if you something bad happen to you. A simple document can save you time, money, and embarrassment, and accomplish everything that you need to continue to function as a private citizen. Now, this POA is also created digitally, with the help of the App. The Ethiopian Embassy Consular use E-POA iOS / Android App to provide digital power of attorney.





A Durable Power of Attorney provides extensive power to the individual who is assigned that role. The Power of Attorney routinely includes the ability to make many financial, real estate and medical decisions that allow the Agent to essentially step in and act on behalf of the incapacitated individual.
Here is why durable power of attorney is so important –if you do not have a General Durable Power of Attorney, family members, and loved ones will be restricted in how they can take care of the incapacitated individual or carry out any estate planning goals, if any, that the individual had. This also means that your assets may be fully exposed to creditors, nursing care spend down or taxes. Absent an appointed Agent in a Durable Power of Attorney, it would be necessary for a family member or loved one to petition the court to become the guardian over the incapacitated person.

You should consult with an estate planning attorney so you can properly draft and execute a General Durable Power of Attorney, along with establishing a comprehensive estate plan, so your assets and your loved ones are protected.

Related topic How to process Power of attorney fast?

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