A key part of any estate plan is a power of attorney, an instrument in writing granting power to an agent to conduct business for a principal. Durable Power of Attorney Line by Line provides comprehensive information on drafting this important estate plan section. It offers an in-depth look at a durable power of attorney and an explanation of each of its sections, providing an overview of concepts and offering practical suggestions for language inclusion. The analysis in this book includes fiduciary duties, the scope of legal capacity, the authority of gifting, the relationship of the agent to the principal, the consequences of agent powers, and many other topics. Furthermore, Durable Power of Attorney Line by Line contains samples of a durable power of attorney and other related documents for further reference, making it a valuable resource to practitioners and would-be practitioners alike.
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