Question

Max is worried about what will happen if he is traveling and gets in an accident....

Max is worried about what will happen if he is traveling and gets in an accident. Should this happen, he would like his aunt to step in to make financial decisions for him until he is able to get well. He should name his aunt in a:

  1. durable power of attorney.
  2. springing power of attorney.
  3. general power of attorney.
  4. power of attorney for health care.
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Answer #1

Hello

YOUR REQUIRED ANSWER IS OPTION B : springing power of attorney

  • Durable PoA stays into effect even when person is not incapacitated.
  • Springing PoA is conditional PoA and comes into effect when the person becomes incapacitated.
  • General PoA is used generally, and not for the said purpose.
  • PoA for health care is entered into so that the person can take decisions for healthcare.

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