A Connecticut statutory durable power of attorney is used to entrust an appointed agent to handle a principal’s financial affairs. The principal can limit their agent (also referred to as an attorney-in-fact) to a few specific matters they want them to manage or they can supply them with a broad scope of power. A durable power of attorney typically goes into effect immediately after it is signed by the principal and notarized by an authorized individual. This type of POA form remains valid until the principal’s death; i.e., their incapacitation does not terminate the agent’s authority.
Agent’s Duties – § 1-350m
Signing Requirements (§ 1-350d) – Notary Public and Two (2) Witnesses
Statutory Form – § 1-352
Statute – § 1-350a(2)
“Durable” means, with respect to a power of attorney, not terminated by the principal’s incapacity.