What it does
Someone you trust, authorized to act for you
A durable power of attorney lets you name an agent to handle financial and legal matters on your behalf. “Durable” means it stays in effect if you become incapacitated — exactly when it’s needed most. Without one, your family may have to ask a court to appoint a guardian.
- Pay bills and manage bank accounts
- Handle real estate, insurance, and tax matters
- Deal with retirement accounts and government benefits
- Make certain trust and gifting decisions — only if you specifically authorize them
Florida-specific requirements
- Must be signed by you, two witnesses, and a notary.
- Florida powers of attorney signed after October 1, 2011 generally take effect immediately — “springing” powers are no longer permitted.
- Certain significant powers, like creating or changing a trust or making gifts, must be separately initialed by you.