What is the purpose of a durable power of attorney?

If you are incapacitated in any way and unable to handle your financial affairs, the durable power of attorney document appoints someone to handle your financial affairs for you. You should choose someone whom you trust completely. Maryland currently has a “statutory” power of attorney form. At a minimum, if you live in Maryland, you should download that form, fill it out and get it witnessed and notarized. It is very important.