A durable power of attorney is a power of attorney by which a principal designates another person as attorney-in-fact in writing and the power of attorney contains any of the following statements:
- (a) “This power of attorney shall not be affected by subsequent incapacity of the principal.”
- (b) “This power of attorney shall become effective upon the incapacity of the principal.”
- (c) Similar words showing the intent of the principal that the authority conferred shall be exercisable notwithstanding the principal’s subsequent incapacity.