July 24, 2024
Question:
What is the difference between a durable and nondurable power of attorney?
Answer:
A durable Power of Attorney will continue to be in effect in the event you become incapacitated and unable to handle matters on your own on more than a temporary basis.
A “nondurable,” Power of Attorney usually ends in the event the principal person significantly loses their mental capacity.
Do your friends ask you financial questions?
Pass those questions on to us at AskRPG@rootedpg.com and we will feature them in our future newsletters.