Durable Power of Attorney Line by Line: A Detailed Look at a Durable Power of Attorney and How to Draft It to Meet Your Needs

A key part of any estate plan is a power of attorney, an instrument in writing granting power to an agent to conduct business for a principal. Durable Power of Attorney Line by Line provides comprehensive information on drafting this important estate plan section. It offers an in-depth look at a durable power of attorney and an explanation of each of its sections, providing an overview of concepts and offering practical suggestions for language inclusion. The analysis in this book includes fiduciary duties, the scope of legal capacity, the authority of gifting, the relationship of the agent to the principal, the consequences of agent powers, and many other topics. Furthermore, Durable Power of Attorney Line by Line contains samples of a durable power of attorney and other related documents for further reference, making it a valuable resource to practitioners and would-be practitioners alike.

A CD-ROM is included, which provides searchable PDF and Word versions of the book and sample agreements.

About the Author

Jason P. Walton is a partner with Parker Poe Adams & Bernstein LLP, in Charleston, South Carolina. He practices in the areas of estate planning and probate, and also advises clients on estate administration matters. In addition, his practice encompasses tax pass-through entities such as limited liability companies, S corporations, and limited partnerships. He is involved in structuring various business entities using LLCs and partnerships and drafting the related agreements, all with the goal of implementing his clients' estate planning needs. He is admitted to practice law in South Carolina, North Carolina, Massachusetts, and Rhode Island.