Understanding the Difference Between Durable and General POA for Effective Estate Planning
Explore the key differences between durable and general power of attorney (POA) in estate planning. This article clarifies how a general POA is limited to specific tasks and ceases upon incapacitation, while a durable POA remains valid even when the principal can no longer make decisions. Learn when to utilize each type for effective management of financial, legal, and healthcare matters, ensuring better preparedness for the future.