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Connecticut residents, have you ever wondered what a durable power of attorney for property is? Do you know if it’s the same as having a lawyer? Are you aware of the responsibilities that come with this document? If not, then this blog post will be your guide to understanding Connecticut durable powers of attorney for property. We’ll explain what they are, what they entail and how an attorney can help. A Connecticut durable power of attorney for property is a legal document that gives someone else – usually referred to as an agent or attorney-in-fact – the authority to make decisions about your money and assets if you become incapacitated. This type of power of attorney is "durable" because it remains valid even if you become mentally or physically incapacitated. It's important to note that durable powers of attorney apply only to financial matters; they don't give your agent any authority over healthcare decisions. It's essential to understand that the person named as your agent will have broad authority over your finances and assets, so it's crucial to choose someone who is trustworthy and capable. Your agent should also be someone who understands your values and priorities regarding your finances. You may want to consider designating more than one person in case your primary agent cannot serve. No, having a durable power of attorney for property is not the same as having a lawyer.