What can a Durable Power of Attorney do?

A Durable Power of Attorney (DPOA) is a document that gives someone the authority to manage financial decisions on behalf of another person. In Arizona, a DPOA is recognized under Disability Planning Law. A DPOA allows a person to appoint an agent to carry out financial decisions such as managing their bank accounts, paying bills, collecting income, and filing taxes on their behalf. It also gives the agent authority to buy, sell, or manage real estate or investments. This is important for people who are unable to handle their own financial affairs due to disability or illness. A DPOA can also be used to make decisions about healthcare. It allows an appointed agent to take legal responsibility for medical decisions on behalf of the person if they cannot make those decisions themselves. This includes making decisions about their medical treatment, medications, and living arrangements. A DPOA can help protect people from financial abuse and exploitation and ensures that their wishes are respected. It is important to have a DPOA in place in order to provide peace of mind and to ensure that the wishes of the principal are respected.

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What can a Durable Power of Attorney do?

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