Why are there two different statutory powers of attorney?
One is the Medical Power of Attorney and the other is the Statutory Durable Power of Attorney. The first is for medical purposes: for when you are unable to make your own medical decisions. The second is for a situation where you have a long-term disability and need someone to take care of your finances. The Durable Power of Attorney is especially important because without it, the spouse of a disabled person is unable to sell property belonging to both unless a formal guardianship is created. This is an expensive and cumbersome process which this document effectively prevents from happening.
