Establishing Durable Power of Attorney
Needing to establish power of attorney over a loved one can be a difficult process emotionally. Durable power of attorney maintains the power of attorney after that person has lost mental capacity.
→ Read MorePower of Attorney
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How to Write a Power of Attorney
A power of attorney is a legal document granting a trusted individual the right and responsibility of caring for the assets and overall well-being of another person when they become incapacitated. While all power of attorney documents differ in their precise wording, there are some common provisions that you can use to guide your decisions, the first being, granting the assigned person authority to act on your behalf.
→ Read MoreWhat is a representation agreement (or power of attorney) and how do I make one?
A representation agreement is really another word for establishing power of attorney.
→ Read MorePower of Attorney (POA): When Temptation Turns to Power of Attorney Abuse
When power of attorney abuse begins, it can become a vicious cycle that will continue to worsen until help is sought. Here some things you can do to prevent power of attorney abuse, and some resources and ideas about where to turn for help if someone you know is a victim of power of attorney abuse.
→ Read MorePower of Attorney Abuse: What to Do if Someone You Know is Affected
Power of attorney abuse is relatively common, and can range from serious to minor incidences. Unfortunately, the control that a person with power of attorney has over the principal’s finances invites power of attorney abuse, and can include depletion of the estate and fraud, among other things.
→ Read MoreWhat is the procedure for establishing power of attorney?
The circumstances have arisen where you foresee a time when you may need someone else to have power of attorney over your affairs in order to make decisions and take action on your behalf. Here are the steps you should follow to successfully give another power of attorney over your affairs.
→ Read MoreWhat Is a Health Care Power of Attorney?
A health care power of attorney or a health care proxy is a document that designates a person or persons you name and authorizes that person to make health care decisions for you – but only in circumstances when you can’t make the decisions for yourself.
→ Read MoreWhen does power of attorney take effect? (2024 Laws Explained)
A power of attorney is a legal agreement that specifies a decision maker in the event of incapacitation. In other words, a power of attorney is someone trusted with the job of making financial, legal, and medical decisions for someone who can no longer do it themselves. The person who creates the power of attorney is the principal.
→ Read MoreTypes of Power of Attorney
Power of attorney, or POA, is a document that gives a person the legal right to perform certain acts for someone else. The principal is the person who intends to have someone else act for him or her while the agent is the person appointed to carry out the actions.
→ Read MoreMedical Power of Attorney
A power of attorney is an agreement that gives one person the legal authority to make decisions or perform certain acts on behalf of another. If a power of attorney is created specifically for medical decisions, then it is called a medical power of attorney.
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