When Does Your Durable Power of Attorney Become Effective?

A Durable Power of Attorney can be drafted to become effective upon signing, or only if you become incapacitated. If drafted to become effective upon signing, your named agent can immediately take charge of your assets. If, on the other-hand, you only want your Agent to be able to take charge of your assets upon your incapacity, then be sure to have your DPOA drafted to only become effective upon your incapacity.