Alaska Durable Power of Attorney Form
The Alaska Durable Power of Attorney (POA) is a legal form is used for granting an individual with the responsibility to manage a person’s business, personal finances, and/or estate transactions. The person creating the power of attorney is known as the “principal” in legal terms, and the person that presumes power is known as the “agent”. The “durable” nature of the document refers to the fact that it will not terminate in the case that the principal is determined to be incapacitated (cannot make decisions or function on their own). Sections five (5) through seven (7) of the document allow the principal to specify whether the document becomes active immediately after signatures are recorded, after incapacitation occurs, or after another date of their choosing.