A durable power of attorney is one that remains in effect even if you become incapacitated. It differs from a general power of attorney, which becomes inactive when you become mentally ...

Durable power of attorney: This means the power ... you’ll need to create a tax power of attorney (Form POA-1). You give the POA to the Indiana Department of Revenue by mail, fax or electronically.

Generally, a power of attorney is a legal agreement between an individual, referred to as the "principal," and an "agent" or “attorney-in-fact” who has the right to act on the principal's behalf.

Understanding the types of power of attorney in Indiana is crucial for anyone who wants to ensure their affairs are managed according to their wishes, whether due to illness, absence or other ...

Along with a Will and a Trust, the most common documents used in estate planning are Durable Powers of Attorney, Healthcare Proxies, Declarations of Homestead and Beneficiary Designation Forms.

4. Springing Power of Attorney The Springing Power of Attorney is unique in that it only becomes effective upon a specific event or condition, such as the principal’s incapacitation. In Indiana ...