Power of Attorney
A written authorization which allows someone to act on your behalf in the scope you specify for either financial or healthcare matters.
General versus Limited
A General Power of Attorney provides a broad scope of actions for the person you pick, while a limited power of attorney provides narrow and specific range of actions for that person.
Durable power of attorneys persist after creator becomes incompetent, but non-durable ones terminate.
A springing power of attorney come into effect upon incompetency, which requires the opinion of a medical professional, whereas a non-springing power of attorney comes into effect on the day it is signed.
Modifications or Revocation
Can be modified or revoked at any time by the creator as long as they remain competent.