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A durable power of attorney is a legal document involving two parties: a principal and an agent. The principal designates the agent to manage financial matters on their behalf, typically in writing. While many choose a spouse as their agent, anyone deemed trustworthy can be selected. Attorneys often recommend choosing a beneficiary of the will as the agent. The principal may appoint multiple agents to make decisions together or designate an alternative agent if the first cannot act. Unlike a general power of attorney, which ceases upon the principal's incapacitation, a durable power of attorney remains effective even after incapacitation until the principal's death or revocation.