Who should I name as my Durable Power of Attorney and can I name more than one?
You can name any adult, such as a spouse, child, relative, friend or you may name a bank as your Durable Power of Attorney. The person you select should be willing to execute things on your behalf and a person whom you have confidence and trust in. Please kep in mind, that the person you name as your Durable Power of Attorney may be making important financial and personal decisions for you.
You may also name more than one person as your Durable Power of Attorney. If you should decide to name more than one, you should specify whether that person can act independently or whether they must act jointly. If you were to name two people to act jointly as Durable Power of Attorney, a deadlock may transpire if they both cannot agree. Instead of naming two people, you could name one person as your Durable Power of Attorney and another person as an alternate to execute if the first person cannot or will not execute.
The person you name as your Durable Power of Attorney is responsible to follow your instructions and act in your best interest. The person should keep accurate records and accounts. If the person you name should improperly handle your matters, that person is legally responsible for damages to you.