A Truly Durable Power of Attorney
My state legislature passed a law affecting powers of attorney, and included a form document in the statute. The new law mandates that banks must accept the new statutory form.
When I asked my lawyer if she recommended that I get a new durable power of attorney, she wrote back: “Because not all banks previously accepted lawyer-drafted powers of attorney and wanted to use their own forms, I tell everyone to use the new statuary form to avoid any future problems.”
Hmm. She recommended a “statuary power of attorney.” What a novel idea, a legal document etched in stone. That truly would be a “durable” power of attorney.
My Bad!
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Merriam-Webster has an online definition for the term “statuary”.
The ‘Lectric Law Library discusses Powers of Attorney and, in particular, “durable” powers of attorney.