Legal Question in Wills and Trusts in Florida

Re: Durable Power of Attorney

A power of attorney, generally, has no expiration date and in fact usually provides that it is effective until revoked. However, in practice, many financial institutions and others will insist that a POA be recent, depending on the nature of the POA. Regarding the inquiry regarding revision of the POA, it is not advisable and would provide another reason for its rejection. Remember that it is usually the policy of a financial institution or other party which will determine the acceptance of a POA rather than a court determination. Advice: consult with an attorney to properly prepare and execute the POA.