When is the Power of Attorney Effective?
In Florida, a power of attorney signed after October 1, 2011, is effective immediately. This means you do not have to be incapacitated for your agent to act on your behalf. This can be helpful if you are out of town for an extended period of time and you want someone to pay bills or otherwise handle your affairs.
What is a Durable Power of Attorney?
When a power of attorney is durable that simply means it continues to work after the principal becomes incapacitated. If you are signing a power of attorney as part of your estate planning documents, you are likely signing a durable power of attorney.
Howard Stross discusses the Florida Durable Power of Attorney in this video.
The Florida laws regarding powers of attorney were revised on October 1, 2011. If your Florida power of attorney was signed before the change in law, please have an attorney review it.
For more answers to your questions regarding the Power of Attorney document, please visit https://strosslaw.com/power-of-attorney/