Please note that the drafting of and execution of a financial durable power of attorney is not the same as a finding by the court that the grantor is not competent. In general, powers of attorney can be for either a limited period of time or for an unlimited amount of time. Additionally, the authority that is given to the attorney-in-fact can be limited by the grantor at the time of drafting. In general, a financial durable power of attorney does not give the attorney-in-fact the power or authority to evict the grantor from his/her own home; prevent the grantor from residing in his/her own home; limit the grantor's access to his/her own home; etc. It definitely does not give the attorney-in-fact the power, authority or right to disregard or override the grantor's wishes. If there is a question about the grantor's continued competence, one should see an attorney about the possibility of a Petition for Guardianship.
Answered on Feb 19th, 2014 at 2:54 AM