What Is the Meaning of Durable Power of Attorney?
A power of attorney, including a durable power of attorney, is a document that grants authority to another individual to act on behalf of the person who executes the instrument. The person creating the durable power of attorney is known as the grantor. The person who is being given authority to act is known as the attorney in fact in most jurisdictions. Durable powers of attorney commonly are used for legal, financial and health care purposes.
