SIE Exam Practice Question 1037

Question: 1037

Which of the following is/are correct regarding durable powers of attorney?

(1) A durable power of attorney survives the death of the principal.

(2) A durable power of attorney survives disability of both the principal and the agent.

Correct Answer: D

Explanation:

A durable power of attorney does not survive the death of a principal or the disability of an agent.

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