The Kansas durable power of attorney is a legal document used by a principal to grant financial powers to a designated agent. This type of power of attorney will give the agent control over the principal’s finances, such as their properties and assets, stocks and other investments, insurance, and taxes. For this reason, it is important that the principal appoints an agent that they trust like a spouse, relative, or close friend. A durable power of attorney only terminates when the principal dies (or they revoke the document when they are of sound mind) and it endures if they become disabled and unable to make decisions for themselves.
Agent’s Duties – § 58-656
Signing Requirements (§ 58-652(a)(3)) – Notary Public
Statutory Form – No statutory form in state statutes.
Statute – § 58-651(d)
“Durable power of attorney” means a written power of attorney in which the authority of the attorney in fact does not terminate in the event the principal becomes disabled…