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Score0/15
73% · Q11/15
Question 11 of 15

What is a durable power of attorney and how is it different from a regular (non-durable) power of attorney?

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Explanation
A power of attorney is a legal document authorizing one person (the agent or attorney-in-fact) to act on behalf of another (the principal). A standard non-durable power of attorney automatically becomes void if the principal loses mental capacity. A durable power of attorney includes specific language stating that it survives incapacity, making it far more useful for estate planning and elder care. Without a durable power of attorney, family members may need to pursue an expensive and time-consuming court guardianship or conservatorship to manage a loved one's affairs. A healthcare power of attorney (or healthcare proxy) is a separate document that specifically grants authority over medical decisions.
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Consumer protection laws provide remedies for fraud, defective products, and unfair business practices. Knowing your rights can help you seek appropriate legal advice.