Are there disadvantages to having a durable power of attorney?
Some parties may not recognize your durable power of attorney, especially if it’s over a year old, because it’s not issued by the court. Furthermore, you cannot compel anyone to honor it without taking legal action. You should re-sign the document on an annual basis to keep the record current. Another drawback is the revocation process—revoking your power of attorney can be complicated if the agent has distributed copies to multiple third parties.
