What is the difference between a Durable Power-of-Attorney and any other Power-of-Attorney?

Any Power-of-Attorney that is not “Durable”, lapses or becomes invalid in the event the principal (maker) becomes incapacitated, but the language in a Durable Power-of-Attorney states that it is durable to survive incapacity, so that it is valid until the principal dies, or until the court appoints a guardian.  Since it is valid even after the person becomes incompetent or incapacitated, there is generally no need to have a guardian appointed, saving significant court costs and legal fees.

Author:  Bob Altman Bob Altman