The Nebraska statutory durable power of attorney allows an individual (the principal) to appoint a representative (the agent) to make financial decisions on their behalf. The types of decisions that the agent can make are listed in the document and may be limited by the principal as they see fit. Generally, the agent is authorized to manage the principal’s bank accounts, personal property, real estate, investments, and taxes. “Durable” refers to the fact that this power of attorney does not terminate if the principal becomes physically or mentally incapacitated. In Nebraska, all powers of attorney are considered durable unless otherwise stated.
Agent’s Duties – § 30-4014
Signing Requirements (§ 30-4005) – Notary Public
Statutory Form – § 30-4041
Statute – § 30-4002(3)
Durable, with respect to a power of attorney, means not terminated by the principal’s incapacity;