The Maryland durable power of attorney form enables individuals to authorize attorneys-in-fact to handle their finances and execute documents on their behalf. The type of contract remains valid if the person being represented becomes mentally incapacitated due to old age, illness, or injury. Therefore, appointing this type of agent ensures that the principal will have someone to take care of their affairs in the event of their incapacitation.
The agent has the power to represent the principal for all of the following:
Laws – § 17–105(a)
Signing Requirements (§ 17-202) – Two (2) Witnesses and Notary Public