What is the Difference Between Power Of Attorney and Durable Power Of Attorney?
🆚 Go to Comparative Table 🆚The main difference between a Power of Attorney (POA) and a Durable Power of Attorney (DPOA) lies in the duration of their effectiveness. Both are legal documents that grant a trusted person, called an agent or attorney-in-fact, the authority to make decisions and take actions on behalf of another person, known as the principal. However, a general POA only operates while the principal is still coherent and mentally capable, and it automatically expires upon incapacity or death. On the other hand, a DPOA remains operational upon incapacity, although it also expires upon death.
Here are the key differences between the two:
- Duration: A general POA is only effective while the principal is mentally capable and coherent, whereas a DPOA remains in effect even if the principal becomes incapacitated.
- Purpose: A general POA is suitable for situations where the principal is temporarily unable to make decisions, while a DPOA is necessary for situations where the principal may become incapacitated due to an accident, sudden illness, or mental decline.
- Termination: A general POA automatically expires upon the principal's incapacity or death, while a DPOA can only be terminated by the principal revoking the powers, a court finding the document invalid or revoking the agent's authority, or if the principal gets divorced and the spouse was the agent.
In summary, a general POA is appropriate for situations where the principal is temporarily unable to make decisions, while a DPOA is needed for situations where the principal may become incapacitated and require someone to make decisions on their behalf for an extended period.
Comparative Table: Power Of Attorney vs Durable Power Of Attorney
The main difference between a Power of Attorney (POA) and a Durable Power of Attorney (DPOA) lies in the duration of the authority granted to the agent. Here is a table comparing the two:
Feature | Power of Attorney | Durable Power of Attorney |
---|---|---|
Definition | A legal document authorizing an agent to make decisions and take actions on the principal's behalf. | A legal document that provides the agent with the authority to make decisions and take actions on the principal's behalf, even if the principal becomes mentally incapacitated. |
Duration | Generally ends if the principal becomes mentally incapacitated. | Remains in effect even if the principal becomes mentally incapacitated. |
Types | Limited or special power of attorney, which may be restricted to a specific time period or event. | No specific types, but it can be used to allow an agent to manage all the affairs of the principal. |
Revocation | Can be revoked by the principal at any time, even if mentally incapacitated. | Can be revoked by the principal at any time, but remains in effect even if the principal becomes mentally incapacitated. |
In summary, a Power of Attorney grants an agent the authority to act on the principal's behalf but ends if the principal becomes mentally incapacitated, while a Durable Power of Attorney continues to be in effect even if the principal becomes mentally incapacitated.
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