Power of attorney forms, power of attorney form, free power of attorney law, durable power of attorney, medical power of attorney, limited power of attorney, power of attorney for child, health care power of attorney, free power of attorney information, general power of attorney, durable power of attorney form, sample power of attorney, durable power of attorney for health care, search free, durable power of attorney form, revocation of power of attorney,power of attorney law, Alabama power of attorney, Alaska power of attorney, Arizona power of attorney, Arkansas power of attorney, California power of attorney, Colorado power of attorney, Connecticut power of attorney, Delaware power of attorney, District of Columbia power of attorney, Florida power of attorney, Georgia power of attorney, Hawaii power of attorney, Idaho power of attorney, Illinois power of attorney, Indiana power of attorney, Iowa power of attorney, Kansas power of attorney, Kentucky power of attorney, Louisana power of attorney, Maine power of attorney, Maryland power of attorney, Massachusetts power of attorney, Michigan power of attorney, Minnesota power of attorney, Mississippi power of attorney, Missouri power of attorney, Montana power of attorney, Nebraska power of attorney, Nevada power of attorney, New Hampshire power of attorney, New Jersey power of attorney, New Mexico power of attorney, New York power of attorney, North Carolina power of attorney, North Dakota power of attorney, Ohio power of attorney, Oklahoma power of attorney, Oregon power of attorney, Pennsylvania power of attorney, Rhode Island power of attorney, South Carolina power of attorney, South Dakota power of attorney, Tennessee power of attorney, Texas power of attorney, Utah power of attorney, Vermont power of attorney, Virginia power of attorney, Washington power of attorney, West Virginia power of attorney, Wisconsin power of attorney, Wyoming power of attorney

Power of attorney - Free law preview - Power of attorney form - Durable power of attorney - Health care power of attorney

Power of attorney - Free law - Power of attorney forms - Durable power of attorney - Health care power of attorney

LEGAL SERVICES

LEGAL FAQ's

DISCUSSION BOARD

FIND LAWYER

LEGAL FACTS

LEGAL NEWS

Power of Attorney

Bill of Sale

Living Will

Premarital Agreement

Last Will

Living Trust

Divorce Online

Credit Report

Incorporate & LLC

Change Name

Criminal History

Avoiding Power of Attorney Abuses:
Power of Attorney, Part One.

by Amy Snyder, MSW, Project Coordinator, NYS Office for the Aging.

What is a Power of Attorney?

A Power of Attorney is a written legal document that, in its simplest form, establishes a fiduciary relationship between two individuals. Essentially, it gives someone the authority to act on your behalf.

The person that appoints a Power of Attorney is commonly referred to as the "principal" and the person that they appoint is referred to as the "agent," or the "attorney in fact." Once a Power of Attorney is signed, the agent has the authority to make decisions for the principal.

The Power of Attorney has to be created by a principal who has the mental capacity to understand what he or she is signing. This understanding must be demonstrated at the time that the document is signed.

The authority granted under a Power of Attorney can either be broad or very limited in nature. For instance, a broad Power of Attorney might give the agent control or responsibility over the principal's entire net worth. On the other hand, a limited Power of Attorney only allows the agent to conduct specific business affairs for the principal. There are three types of Power of Attorney. These include durable, non-durable, and springing Powers of Attorney.

A durable Power of Attorney gives the agent the right to continue managing the principal's affairs, even after the principal loses their mental capacity or becomes disabled.

A non-durable Power of Attorney is typically used for a specific reason, such as the temporary management of financial affairs while the principal is physically unavailable.

A springing Power of Attorney allows the principal to plan for the future in preparation for the onset of a specific event that may "spring up," such as illness or disability.

"Avoiding Power of Attorney Abuses:
Power of Attorney, Part One." All news

OUR MISSION

FACTS

CREDIT REPORT

LEGAL DISCLAIMER

SITEMAP

BLOG