A power of attorney grants your trustee to manage your financial affairs and take care of your assets, although you may revoke its effectivity at any time unless otherwise duration was stated in the POA itself.
[b]Types of POA or Power of attorney:[/b]
. Enduring power of attorney will continually be in effect as long as you live even if you become incapable, but it also voids upon your death.
. General power of attorney will be null and void as soon as you die, but it will also end if you become incapable.
If you would like to know more about a power of attorney, just go online and from the web you can search for an online durable power of attorney form, a medical and financial power of attorney form and even a printable medical power of attorney form.
It a simple procedure if you want to do it yourself, but you may also consult the experts and your state laws about power of attorney just so to have peace of mind knowing you have a legally binding document. Remember it is important to keep your documents like wills and POAs updated so that in sudden incidents you won’t be caught unprepared.