What is a Durable Power of Attorney in Illinois?
A Durable Power of Attorney (DPOA) is a legal document that allows you to appoint someone to make decisions on your behalf if you become unable to do so. This can include decisions about your finances, healthcare, and other personal matters. The "durable" aspect means that the authority granted to your agent continues even if you become incapacitated.
Who can be appointed as an agent under a Durable Power of Attorney?
You can choose any competent adult to be your agent. This person can be a family member, friend, or even a professional, such as an attorney. It's important to select someone you trust, as they will have significant control over your affairs. You may also appoint a successor agent in case your primary agent is unable to serve.
How do I create a Durable Power of Attorney in Illinois?
To create a DPOA, you need to fill out a specific form that complies with Illinois law. You can find templates online or consult with a legal professional for assistance. After completing the form, you must sign it in the presence of a notary public. This ensures that the document is legally valid and recognized by institutions.
Can I revoke or change my Durable Power of Attorney?
Yes, you can revoke or change your DPOA at any time as long as you are mentally competent. To revoke it, you should create a written document stating your intent to revoke and notify your agent. If you decide to make changes, you will need to create a new DPOA form and follow the proper signing and notarization process again.
What happens if I don’t have a Durable Power of Attorney?
If you do not have a DPOA and become incapacitated, a court may need to appoint a guardian to make decisions on your behalf. This process can be lengthy and costly, and the person appointed may not be someone you would have chosen. Having a DPOA in place allows you to maintain control over your decisions, even when you can no longer make them yourself.