The Durable Power of Attorney protects your access to your finances. You can give legal authority to the person of your choice to handle your finances if you cannot.
Now, a financial power of attorney is simpler than ever. The Arizona legislature removed the requirement of initial each power to protect the agent from civil and criminal penalties if the agent received an incidental benefit when acting on your behalf. The agent must still work in your best interest, but there are less formalities.
A written financial power of attorney is still necessary and must have "durable" language so your selected agent can help you if you become incapacitated. For more information, see www.sharonravenscroft.com.