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What is a Springing Durable Power of Attorney?

April 26, 2017durable power of attorney springing

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What is a Springing Durable Power of Attorney?

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This is an estate planning document where you appoint someone to make financial decisions for you in the event you become incapacitated for any reason. Thus, the appointed person can pay your bills, deposit your checks, etc. without the need of a formal conservatorship. A conservatorship can be a burdensome and expensive process overseen by the Probate Court.