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Title: Understanding Durable Power of Attorney DPOA and Its Importance

United States, 14th Nov 2024 - A Durable Power of Attorney (DPOA) differs from a standard Power of Attorney because it remains valid even if the principal becomes incapacitated, ensuring continuity in managing their affairs. Mark Fishbein at ALTA Estate assists Tucson residents in creating both types of POAs to meet their specific needs, offering security and preparedness.What is a General Durable Power of Attorney?A General Durable Power of Attorney grants the agent broad authority to manage various aspects of the principal's life, including financial transactions, real estate dealings, and legal matters. ALTA Estate provides guidance to ensure the POA document covers all necessary areas and clearly defines the agent's authority.Durable Power of Attorney for Health CareA Durable Power of Attorney for Health Care authorizes the agent to make medical decisions for the principal if they become unable to do so. These decisions may include treatment choices, medical procedures, and end-of-life care preferences. ALTA Estate, led by Mark Fishbein, helps clients draft healthcare POAs that reflect their personal wishes.The Role of the Attorney-in-FactThe agent, or "attorney-in-fact," is the person designated to act on behalf of the principal. Their duties can range from handling financial matters to making healthcare decisions, depending on the POA’s scope. ALTA Estate ensures that the appointed agent is fully aware of their responsibilities.Understanding the Difference: Durable Power of Attorney vs. Living WillA Living Will outlines the principal's preferences for medical treatment and end-of-life care but does not appoint an agent. In contrast, a healthcare DPOA allows an appointed agent to make these decisions. ALTA Estate helps clients create both documents to work in harmo...

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