A Hawaii general power of attorney is an estate-planning tool that permits an individual (referred to as a “principal”) to allow another person (referred to as an “agent” or “attorney-in-fact”) to handle financial matters on their behalf. The power of attorney should state when it becomes effective, whether immediately or in the future, and on what terms it will be terminated. The principal may also revoke power of attorney privileges from their agent at any time by providing written notice to the agent. This power of attorney will terminate automatically if the principal becomes incapacitated in any way.
Durable Power of Attorney – This power of attorney does not end in the event that the individual becomes incapacitated.