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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 general Power of Attorney gives the attorney in fact the authority to perform certain specified acts on behalf of the principal. A General Power of Attorney expires if the principal becomes incapacitated. A Durable Power of Attorney gives the attorney in fact the authority to perform certain specified acts on behalf of the principal even if that person becomes disabled or legally incapacitated. A Durable Power of Attorney doesn't expire until the death of the principal.