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Types of Power of Attorney Durable, Nondurable and "Springing" General Powers of Attorney for Property and Finances. Power of Attorney for Health Care. General Power of Attorney for Property and Finances for Husband and Wife. Broad Power of Attorney for assigning the Care of Children to another. Power of Attorney for Sale of Motor Vehicle. Power of Attorney for Physical and Health Care of Minor Children in temporary absence of parents. Durable and Limited General Powers of Attorney. Military General, Specific and Care of Children Powers of Attorney. Advance Medical Directives Powers of Attorney. You should also have other documents to insure you are fully prepared for every contingency life may present you with. At LegalEzeUSA.com - WE CAN HELP! Selling Real Property? Going into business with someone? Going in the hospital? No Will or Living Trust yet or they are outdated? Loaning Money to friends or family? BE SMART! BE INFORMED! PROTECT YOURSELF! Make the Law Easy with the personalized services of the good people of the LegalEzeUSA team of certified paralegals providing quality workmanship for You and Yours. |
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Why should you have a Durable Power of Attorney prepared and executed TODAY?
A durable power of attorney is made to help you plan for unfortunate events such as a serious injury or illness. With a durable power of attorney you can appoint someone to legally act on your behalf, which is called an "agent" or "attorney-in-fact". You can limit your agent to act on your behalf for a limited time or for a very specific task or event. You could appoint a family member, advisor, or a trustworthy friend or institution like a bank.
The difference between a Durable Power of Attorney and a regular Power of Attorney is that a Durable Power of Attorney will still be legally valid even if you become incompetent or unable to make your own decisions. A regular Power of Attorney will become legally invalid if you become unable to make your own decisions. All fifty states now permit the use of a Durable Power of Attorney.
Often, a Durable Power of Attorney is used for convenience purposes. Suppose you have your home listed for sale, and you could not be in town to complete the legal transaction. You can use a Durable Power of Attorney to appoint an 'attorney-in-fact' to manage these kind of transactions, and you could have your 'agent' complete the transaction for you. Your agent can sign the documents, and negotiate the sale for you as if he or she were you.
Also, you can revoke a durable power of attorney anytime, as long as you're competent. To revoke it, simply send your agent a written notice notifying him or her that the document has been revoked.
Another thing you could do is make your durable power of attorney effective only upon your incapacitation. This document is often referred to as a "Springing" Durable Power of Attorney. This is because it "springs to life" on a specific occurrence in the future; such as your incapacity. Its important to include a detailed definition of "disability" to make it perfectly clear when your agent can act on your behalf.
Don't procrastinate, executing a durable power of attorney can help you manage your life and protect your family in case you become seriously injured or incapacitated. Click to watch a video with more information Ready to Create Your |
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Disclaimer: The information provided in this site is not legal advice, but general information on legal issues commonly encountered. LegalEzeUSA.com Legal Document Service is not a law firm and is not a substitute for an attorney or law firm. LegalEzeUSA cannot provide legal advice and can only provide self-help services at your specific direction. That being said, we are available to our Clients to aid them in customizing legal documents to best fit their particular situations. Thank You.
