Otherwise known as the “Durable Special Power of Attorney”, allows a person to choose someone else to handle very specific financial actions on their behalf. The action or decision may be as small as picking up mail to as large as handling a real estate transaction on behalf of the principal. All laws still apply and the agent selected must still act in the best interests of the person being represented.
Document must be authorized in front of a notary public and the document has the same “durable” effect as to the principal’s incapacity.