Which term describes a Power of Attorney that is activated only upon the grantor's incapacity?

The term that describes a Power of Attorney activated only upon the grantor's incapacity is known as a Contingent Power of Attorney. This type of legal document allows the designated agent to make decisions on behalf of the grantor, but it becomes effective only when the grantor is unable to make decisions due to incapacitation.

This arrangement ensures that the grantor retains control over their affairs while they are still capable of making decisions, providing a safeguard and promoting the grantor's wishes during periods of incapacity. This is particularly valuable in situations where the individual may want to ensure that their choices and preferences are followed without losing their autonomy until they require assistance.

The other terms such as General, Restricted, and Substitute do not describe the specific condition of activation upon the incapacity of the grantor. General Power of Attorney gives broad authority regardless of capacity, Restricted Power of Attorney limits the agent's authority, and Substitute Power of Attorney refers to the replacement of an agent rather than a conditional activation based on incapacity. Thus, Contingent Power of Attorney uniquely fulfills the criteria set by the question.