A New Hampshire durable power of attorney form enables an individual to transfer management privileges concerning financial matters (business and/or personal) to another person. This person (attorney-in-fact) will be handed the task of acting on the individual’s (principal’s) behalf. The ‘durable’ component of the form means that the agreement stays in place in the event of a debilitating accident or another incident that leaves the principal incapacitated. Having a durable power of attorney in place means the principal can feel at ease knowing their financial affairs will stay in order even when they can’t make important decisions for themselves. An attorney-in-fact should only be appointed if the principal deems them a trustworthy, competent, and responsible individual.
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