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LegalCornerTM - Law By Subject - Power Of Attorney |
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Power Of Attorney A Financial Power of Attorney is a document that allows an individual (the "principal") to appoint another person (the "agent") to perform specified acts of a financial nature on behalf of the principal. The power of attorney can be broad and all encompassing, or limited in nature. The power of attorney can also be written to take effect immediately, or upon the occurance of a specified event (e.g., upon incapacity, as certified by a medical doctor). FAQS What is a Power of Attorney? What are the different types of power of attorney? What is a General Power of Attorney? What is a Special (“Limited") Power of Attorney? What is Non-Durable Power Of Attorney? What is a Durable Power Of Attorney? What is a Springing Power of Attorney? What can a Power of Attorney be used for? Must I give my attorney-in fact (agent) full power over all my property? Can I have a durable power of attorney that becomes effective only at a specified time in the future? More FAQs... Articles Coming Soon! Forms Coming Soon!
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