A Maryland non-durable (general) power of attorney is a legal document allowing a designated party to handle your financial matters, such as handling investments, opening bank accounts, withdrawing funds, and signing tax returns, in case you’re unavailable to do so yourself.
This document is non-durable, meaning it terminates when the principal can no longer make decisions for themselves due to a disability. If you want to prolong the powers you designate to an agent, use a durable power of attorney instead.
Laws — Code of MD §§ 17-101 to 17-204 (Maryland General and Limited Power of Attorney Act).
Durable (Code of MD § 17–105) – This document is inherently durable according to state law, so you must specify if you want it to be non-durable.
Signing Requirements (Code of MD § 17–110) – Two witnesses and a notary public must be present when a principal signs their document.
