Durable Power of Attoney

This is a legal document wherein a Principal names an Agent to act on his behalf. The Durable part of the Power of Attorney means that even if the Principal loses competency (his legal ability to act on his own behalf), then the Agent still has authority to enter into actions on behalf of the Principal. The Durable Power of Attorney is highly advised for any person who is elderly or has family history of mental or physical illness because the DPOA can be used to avoid guardianship or conservatorship in most cases. The Durable Power of Attorney ceases to grant any power upon the death of the Principal, however, because there has to be a living principal for powers to be granted.
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To learn more about agents, powers of attorney, principals and other estate planning options, please contact Brent S. Howard, the only attorney in Altus and surrounding southwest Oklahoma that focuses practice solely on estate planning, taxes, business planning, wills, trusts and probate.