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I have heard that the law concerning durable powers of attorney has changed. Do I need to sign a new power of attorney?

April 26, 2017attorney changed durable heard Law power of attorney powers

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I have heard that the law concerning durable powers of attorney has changed. Do I need to sign a new power of attorney?

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If your durable power of attorney was signed before October 1, 1995 you should sign a new durable power of attorney. Durable powers of attorney signed before that date continue to be effective. However, due to a change in the law concerning powers of attorney, durable powers of attorney signed after that date are more likely to accepted by Florida financial institutions.