
Power of Attorney
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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
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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/Non-Durable
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Durable power of attorneys persist after creator becomes incompetent, but non-durable ones terminate.
Springing/Non-Springing
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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
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Can be modified or revoked at any time by the creator as long as they remain competent.