Confirm or execute Durable Power of Attorney (DPOA) for finances — requires legal capacity to sign
ContextA Durable POA remains valid after incapacity; a standard POA does not. This is the single most time-sensitive legal document following a dementia diagnosis — if it is not executed before capacity is lost, the family must pursue court-appointed guardianship, a process that typically takes months and costs $3,000–$10,000 in legal and court fees. Contact an elder law attorney within the first two weeks of diagnosis. Do not use an online template — state-specific requirements and financial institution acceptance procedures vary significantly, and a template rejected by a bank is worth nothing.

