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A durable power of attorney involves two parties, a principal and an agent, with the principal selecting the agent to handle financial matters on their behalf. Usually, a spouse is chosen as an agent, but the principal can choose any trustworthy person. Attorneys recommend choosing a beneficiary in the will as an agent. The principal can have more than one agent making decisions together or nominate an alternative agent. The durable power of attorney differs from a general power of attorney as it remains in effect even after incapacitation, continuing until the principal dies or revokes it.