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Can I have a durable power of attorney that becomes effective only in the future?

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Can I have a durable power of attorney that becomes effective only in the future?

Question: Can I have a durable power of attorney that becomes effective only in the future?

Answer: You can have a durable power of attorney that only becomes effective in the future. You can designate a specific date in the future that you would want this power of attorney to be effective or it could be a specific event. For example, the spring and durable power of attorney is used when you become disabled medically and doctors determine that you are unable to handle your financial decisions due to your medical problem. At that event, the durable power of attorney becomes effective when the doctors determine that that medical condition has arisen to cause you to be unable to handle your financial affairs. If in the future you subsequently recover from that illness or from that medical condition then the power of attorney provides that it is no longer valid at that point in time.


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