Power of Attorney

When you authorize a power of attorney, you allow someone you choose to act for you as though you had performed the act yourself. A power of attorney document allows the person you choose (called the "attorney-in-fact") to transact your affairs.

You will want to choose someone you trust completely because any action the attorney-in-fact performs as described in this document is binding upon you. You can choose different types of powers of attorney for different purposes, but these are not necessarily mutually exclusive and may be used in combinations.
• General Power of Attorney - Grants authority to conduct all affairs in the event you become incapacitated.
• Limited Power of Attorney - Gives authority to act on your behalf for limited periods of time or in specific situations. For example, if you were traveling or living elsewhere for an extended period of time, it authorizes your limited attorney-in-fact to temporarily conduct business for you. When you return, the authority terminates.
• Durable Power of Attorney - Gives authority to manage your affairs NOW and continues if you become mentally incompetent. You must have stated in writing the attorney-in- fact’s authority (to act on your behalf if you are in this condition) BEFORE you become incapacitated. For example, if you are in an accident that leaves you unconscious, this document gives your attorney-in-fact the authority to pay bills for you and make financial decisions on your behalf.
• “Springing” Durable Power of Attorney - It is possible to create a durable power of attorney that only goes into effect when you are incapacitated or when some other stipulated event or condition occurs.

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