Durable Power of Attorney
Need someone to handle your money if you can’t? This document lets you appoint someone you trust to step in and manage your finances if you're ever incapacitated. Durable means it sticks around even if you lose capacity.
What It Does
Lets someone manage your finances if you’re mentally or physically unable
Applies to things like banking, real estate, taxes, and bills
Stays valid even if you're incapacitated (hence "durable")
What It Doesn’t Do
Give someone power over your healthcare decisions (use a medical POA for that)
Work after death — it ends when you die
Automatically apply unless it's activated (you decide how and when)
Who Needs to Sign
You – the principal (person giving the power)
A notary – required in Michigan
Does It Need to Be Notarized in Michigan?
Yes. Michigan law requires this one to be notarized to be valid and accepted by banks, title companies, and financial institutions.
Bottom Line
If you trust someone to manage your money if things go sideways — get this done. It’s one of the smartest, simplest ways to protect yourself from chaos and court-appointed strangers.
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