Power of Attorney

A Florida Power of Attorney for Finances is a legal document where one party or person (the Principal) authorizes another party or person (the Agent or the Attorney-in-fact) to act on his or her behalf during an absence.

This authority can specifically include or exclude several areas of interest including matters of physical property, real estate, banking, insurance, and tax matters.

Traditionally, this authority ends when you become medically incapacitated (unable to make your own choices). However, you have the option to make the Power of Attorney (1) "Durable" which means it will remain effective from the time of signing the document and if you become medically incapacitated; (recommended) or (2) "Springing" which means it will only be effective upon you becoming medically incapacitated.

You can elect which choice to make. A typical use of a Power of Attorney is to handle your affairs while you are out of the country such as during a military deployment or to designate someone to manage your affairs if you get sick.

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