A financial durable power of attorney is a legal document authorizing someone else (your agent) to act on your behalf.  The purpose of giving someone else such a power is to enable the agent to act on your behalf when you cannot act for yourself. 

Check out the following link for a publication from the Probate and Estate Planning Section of the State Bar of Michigan:

http://www.michbar.org/probate/pdfs/durablepower.pdf

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