What are the types of Durable Power of Attorney?
Durable power of attorney documents generally fall into a couple of categories.
The most common is the general durable power of attorney, which, depending on the language, can be all-encompassing. So you can grant powers to your agent to control your bank accounts, investment accounts, buying and selling real estate or property, entering into contracts, and more.
Special power of attorney documents are more limited. The powers might be narrowed to handling real estate transactions, such as the sale of a house in California while you are buying a house in Florida.
Healthcare power of attorney is just what it sounds like. The powers allow your agent to talk to doctors and specialists regarding your healthcare. This may become especially important if you are involved in an accident and you are unable to communicate or understand your situation. Your named agent would be empowered to make decisions for you.