A South Dakota general power of attorney grants an agent the authority to make decisions on behalf of the person executing the document (the “principal”). This type of agreement can give the agent the power to manage the principal’s financial, business, and property interests. This power of attorney is “non-durable,” which means that it becomes ineffective in the event that the principal becomes incapacitated (as determined by a medical professional). For the document to be legally valid, the principal must have their signature verified by a notary public.
Durable Power of Attorney – Appoints an agent whose powers remain effective after the principal has become incapacitated.