DURABLE POWER OF ATTORNEY
OF [[Principal Full Legal Name]]
I, [[Principal Full Legal Name]], of [[Principal Street Address, City, County, Kentucky, ZIP Code]], born [[Principal DOB]], appoint:
Primary Agent: [[Agent Full Legal Name]] of [[Agent Address, Phone, Email]]
If unavailable, First Successor: [[First Successor Name, Address]]
Second Successor: [[Second Successor Name, Address]]
This Durable Power of Attorney is effective [ ] immediately or [ ] upon physician's written certification of my incapacity. Authority continues despite my later disability or incapacity under Kentucky law.
Powers: My Agent may buy, sell, lease, mortgage, and manage real and personal property of every kind; open, close, and transact on bank, investment, retirement, and credit accounts; buy, sell, and manage securities and business interests; prepare and file tax returns and represent me before taxing authorities; enter, modify, and terminate contracts; commence, defend, and settle litigation; purchase, maintain, and claim on insurance; make gifts within the annual exclusion and create or amend trusts (express hot powers granted); change beneficiary designations consistent with my estate plan; access, manage, and transfer digital assets under applicable law; apply for and manage government benefits; and perform all other acts necessary or appropriate to manage my financial and property affairs.
Limitations: [[None or specific restrictions]]
Agent Duties: Agent shall act as fiduciary in my best interest, avoid conflicts and self-dealing, keep records, and account on request. Reasonable compensation and reimbursement allowed.
Third parties may rely on this instrument without further inquiry absent actual revocation notice.
Revocation and Termination: I may revoke by written notice. Terminates on my death or court order.
Executed [[Date]] at [[City]], Kentucky.
_______________________________________________
[[Principal Full Legal Name]]
Principal
Witness 1 (optional for formality):
Signature: _______________________________ Printed Name: [[Name]] Address: [[Address]]
Witness 2:
Signature: _______________________________ Printed Name: [[Name]] Address: [[Address]]
Notary Acknowledgment
State of Kentucky
County of [[County]]
On [[Date]], [[Principal]] acknowledged execution of this instrument.
_______________________________________________
Notary Public
Commission expires [[Date]] (Seal)
Important Notice to Principal: This grants broad authority including asset sales, account access, gifts, trust creation, and beneficiary changes. Review with a Kentucky attorney. You may limit powers. This does not cover health care decisions.
Primary Sources (as of 2026-06): Kentucky statutes on durable powers of attorney, fiduciary duties, and digital asset access. Update after major life events (marriage, divorce, birth, significant asset changes). Consult counsel for complex estates or blended families.
SCHEDULE OF SPECIFIC LIMITATIONS OR ADDITIONAL INSTRUCTIONS (OPTIONAL)
[[Insert any specific restrictions, e.g., "Agent may not sell my primary residence without court approval or written consent of [[named family member]]", or "Gifts limited to $[[amount]] per year to any one person", or "Additional instructions regarding [[specific asset or family member]]". If none, state "No additional limitations or instructions."]]
This Schedule forms part of the Durable Power of Attorney.
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