A Florida general power of attorney gives an individual (known as the “principal”) the ability to appoint another person (known as the “agent” or “attorney in fact”) to act on their behalf with regards to certain financial responsibilities. This document must include a list of the types of duties the agent is authorized to carry out. A general power of attorney will terminate in the event that the principal becomes incapacitated, as it is non-durable. The principal and two (2) witnesses must sign the document, and a notary must validate the principal’s signature.
Durable Power of Attorney – This power of attorney remains effective even in the event that the principal becomes incapacitated.