Who Should Sign a Durable Power of Attorney for Property?
In our view, everyone.
By signing this document, you are designating who your Agent, and Backup Agents, will be, and are providing them, in the document itself, with the legal authority they will need to represent you in Financial matters.
Alternatively, if you become incapacitated and have not signed such a document, it may be necessary to open a guardianship estate for you in the Probate Court. The Guardian appointed by the Probate Court will then receive, from the Probate Court, the necessary legal authority to represent you in Financial matters. The Guardian appointed by the Probate Court may not necessarily be the person or institution you would have chosen.