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The difference has to do with whether the powers remain effective after the onset of a disability. That is, the regular power of attorney ceases to be effective if you become disabled, whereas the ?durable? power of attorney continues to be effective despite your subsequent disability.

An Alabama durable statutory power of attorney form allows an individual to act in the principal's place for broad or specific financial powers. The form has the 'durable' use that remains in effect even if the principal is no longer able to make decisions for themselves due to mental instability.

In Alabama, the power of attorney is ?durable,? meaning that it will not be affected by the principal's incompetency, incapacity, or disability. If the principal does want the power to cease when he or she becomes incapacitated, the document must clearly state this.

The laws governing PoA forms vary in each state; however, in Alabama, your Power of Attorney will require notarization. If your agent will have the ability to handle real estate transactions, the Power of Attorney will need to be signed before a notary and recorded or filed with the county.

First and foremost, the principal can override a power of attorney at any time as long as they are of sound mind. The term ?sound mind? refers to the state of mind and memory a person has at the time in question.

A medical power of attorney gives someone the right to make decisions on your health care. A financial power of attorney lets someone handle your money and property. To sell your land, the power of attorney must specifically give that right. A limited power of attorney lets someone do some specific things for you.