Eyers! TERM OF THE DAY Durable Power of Attorney: A legal - TopicsExpress



          

Eyers! TERM OF THE DAY Durable Power of Attorney: A legal document that enables an individual to designate another person, called the attorney-in-fact, to act on his/her behalf, even in the event the individual becomes disabled or incapacitated. An advance directive (sometimes called a healthcare directive) combines a living will and durable power of attorney, either in one document or two separate ones. Usage Example: As part of his retirement planning, the man signed a Durable Power of Attorney giving his estate lawyer the ability to act on his behalf in the event he became sick or ill. Source: Business Dictionary
Posted on: Sun, 04 May 2014 16:09:28 +0000

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