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In a statutory power of attorney, the language granting power with respect to estate, trust, and other. beneficiary transactions empowers the agent to act for the principal in all matters that affect a trust, probate estate, guardianship, conservatorship, escrow, custodianship, or other fund from which the.
A durable power of attorney refers to the agentâs authority when the principal is incapacitated. A non-durable power of attorney, or a general power of attorney, does not allow the agent to act in the interests of the principal if the latter becomes incapacitated. Generally, a non-durable power of attorney grants a limited scope of action to the agent, whom the principal may simply need to carry out a single task. An agent acts as the principalâs legal representative in matters that the principal is unable to attend to personally.