A Missouri durable power of attorney is a form that allows a person to grant an agent the authority to perform financial transactions on their behalf. The person granting the powers, known as the principal, can choose what tasks the agent can perform and when their authority comes into effect. If the principal becomes incapacitated, the durable POA remains valid and the agent can continue their duties.
A Missouri durable power of attorney is a form that allows a person to grant an agent the authority to perform financial transactions on their behalf. The person granting the powers, known as the principal, can choose what tasks the agent can perform and when their authority comes into effect. If the principal becomes incapacitated, the durable POA remains valid and the agent can continue their duties.
The principal must sign in the presence of a notary public or other appointed officer.[1]
“Durable power of attorney,” a written power of attorney in which the authority of the attorney in fact does not terminate in the event that the principal becomes disabled or incapacitated or in the event of the later uncertainty as to whether the principal is dead or alive…[2]
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