The Hawaii Durable (Financial) Power of Attorney is one of the more predominant POA forms used to designate an attorney-in-fact. What makes this document unique is the fact that it stays in effect even if the grantor becomes disabled/incapacitated. As it is mentioned in the title, this POA specifically grants authority related to areas of the principal’s life that involve their personal finances and property (medical powers cannot be delivered using this document). To initiate the paperwork, the main party conveying the entitlements should:
- Designate an Agent (and successor agent)
- Determine which authorities will be granted.
- Provide any special instructions that may limit or add to the initialed powers.
- Nominate a Conservator or Guardian (optional)
- Endorse the instrument as necessitated by law.
Laws
Statute – Chapter 551E: Uniform Power of Attorney Act
Definition – “Durable” means not terminated by the principal’s incapacity, with respect to a power of attorney (§ 551E-1).
Signing Requirements – Acknowledgment of Notary Public (§ 551E-3)
Other Versions
Hawaii Durable (Financial) Power of Attorney – Version 1
Download: Adobe PDF, MS Word (.docx)
Hawaii Durable (Financial) Power of Attorney – Version 2
Download: Adobe PDF
Additional Resources
- Elder Law Program – A Legal Handbook for Hawaii’s Older Persons
- Legal Aid (Society of Hawaii) – Power of Attorney Brochure
Related Forms
Advance Directive (Medical POA & Living Will)
Download: Adobe PDF
General (Financial) Power of Attorney
Download: Adobe PDF