Durable Power of Attorney in Nevada is a power of attorney that remains valid even if you become incapacitated.  In other words, without the “durable” designation, a Power of Attorney would normally end once a licensed physician determines that you are incapacitated.  

Financial Power of Attorney in Nevada authorizes your agent to handle financial matters on your behalf.  For example, you can provide a Financial Power of Attorney to your agent to pay bills, manage bank accounts or other assets, and file your taxes.  

Although sometimes confusing, the main difference between a “Durable Financial Power of Attorney” verses a “Financial Power of Attorney” is the word “Durable”, which means your power survives incapacity.  In other words, a Durable Power of Attorney allows your agent to continue to make decisions on your behalf even when you are incapacitated.  This distinction is extremely important, and many paralegals and other estate planning attorneys do not understand this and fail to properly provide their clients with the correct information and documents.  

Limited Power of Attorney in Nevada provides authority to your agent for a specific period or specific task and then stops once that task or time is completed.

Springing Power of Attorney in Nevada only becomes effective when a specific condition occurs such as incapacity.  In other words, the springing power of attorney usually provides trusted individuals power to help you only after you become incapacitated – not now.  

Healthcare Power of Attorney in Nevada appoints someone you trust to make medical decisions if you are unable to speak or communicate.  For healthcare powers of attorney to be valid, they must follow Nevada’s Advance Directive laws so that doctors and hospitals follow your chosen agent to act on your behalf.