Who can serve as my attorney in fact?
The first DPOA law limited those who could serve to the principal’s spouse, parent or child. Eventually, these restrictions were removed. Today, any adult and most financial institutions with trust powers are permitted to serve. 11. How do laws regarding DPOAs affect snow-birds? If you spend a significant amount of time in more than one state, you should consult with lawyers in each state to be sure that your documents will be enforceable wherever they are needed. Sometimes it is best to execute documents in both states. I regularly consult with lawyers in other states to ensure that our mutual clients are properly protected. The Durable Power of Attorney is a private and relatively inexpensive way to protect your finances and dignity in the event of incapacity or incompetency. Never rely on forms that you may find in office supply stores, books or on the Internet. They will rarely, if ever, provide the protections that you need most and could cost you tens or even hundreds of thousand
