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Durable Power of Attorney

A Legal document that enables an individual to designate another person, called the attorney-in-fact, to act on his/her behalf, even in the event the individual becomes disabled or incapacitated. An "advance directive" (sometimes called a "healthcare directive") combines a Living will and Durable Power of Attorney, either in one document or two separate ones.

Related Terms: 11 Advance, Call, Cap, Car, Durable Power of Attorney, Inc., Legal, Living will, Leg, Owe, Power of Attorney
Other Related Pages: Category: Law_and_Estate_Planning Starting With: D
Additional Related Terms: Adjustable rate, Above par, Accrual of discount, Advance refunding, Amortization of premium, At par, All or any part, At best, At call, Adjustable rate preferred stock