What can a Durable Power of Attorney do?
A Durable Power of Attorney (DPOA) is a legal document that allows a person to appoint another to act on their behalf if they become incapacitated. This document allows for a person to have a trusted individual handle important decisions for them if they become unable to handle it themselves. In the state of Oregon, a DPOA is regulated by disability planning law. A DPOA can give someone the following powers: making health care decisions, handling finances, accessing bank accounts, managing investments, filing taxes, and managing other legal obligations. It is important to choose someone trustworthy to make decisions for the disabled person, as they will be legally responsible for any decisions made on the disabled person’s behalf. The DPOA can be revoked or amended at any time as long as the disabled person is of sound mind. This document is important for any Oregon resident that wishes to have someone else make decisions for them if they become incapacitated. This document helps ensure that the disabled person’s wishes will be followed even if they are no longer able to make decisions for themselves. Therefore, DPOA can be a powerful tool for Oregon residents to ensure that their wishes regarding finances and health care will be carried out, even if they become incapacitated. It is important to seek advice from a lawyer to determine if creating a DPOA is right for you and to ensure that the document meets state and federal requirements.
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