What is a Durable Power of Attorney and Nomination of Preneed Guardian?
Your Durable Power of Attorney and Nomination of Preneed Guardian is a legal document that allows you to name another individual to take all legal action on your behalf in your name, in the same capacity as you could for yourself. This Durable Power of Attorney may allow your family to avoid the necessity of going through the procedure of establishing a Guardianship through the Probate Court should you no longer be able to manage your own affairs. If a Guardianship is required, this document provides for your selection of the person to serve as your Guardian. A Durable Power of Attorney is an Estate Planning tool to allow your Agent to act on your behalf. Therefore, the choice is an important one because the named Attorney in-fact will have the power to transfer your property, access bank accounts, etc. as you may expressly provide in the document. The authority granted by the Durable Power of Attorney ceases upon your death. All adults over the age of 18 should have a Durable Power of