Legal Question in Elder Law in Massachusetts
power of attorney
What, if any, is the difference b/w durable power of attorney and general power of attorney?
2 Answers from Attorneys
Re: power of attorney
A durable power of attorney means that the power remains in effect even after the person who signed it becomes incapacitated. A general power of attorney means that it can be used for many purposes - banking, real estate transfers, dealing with automobiles, retirement accounts life insurance, etc. - instead of just one purpose like signing checks on one account, or selling a piece of real estate.
A general power of attorney can be durable, and a durable power of attorney can be general. They are often called A General Durable Power of Attorney to make it clear that they are both general and durable.
Re: power of attorney
Durable Power of Attorney comes into effect when one is no longer capable of handiing one's affairs. A regular power of attorney is current and will terminate when the grantor of the power is no longer capable of handling their own affairs. You can have a DPOA with current effect so it works currently and when one becomes disabled.
If you have more questions, please feel free to contact me without obligation.
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