0
You can use a power of attorney to grant someone the authority to handle one or many of your affairs.
ADDED: If you are granted a 'general' POA you can act in the grantors place in any matter. If you are granted a 'limited' POA you can only act within the confines of the limits that the document places on you.
Wiki User
∙ 12y ago
Wiki User
∙ 13y agoGenerally, among the actions an attorney-in-fact cannotdo:
- convert the principal's assets to their own use
- co-mingle funds
- change beneficiaries on life insurance policy
- make changes to a will
Wiki User
∙ 14y agoAn attorney-in-fact under a Power of Attorney can handle your finances for you and even make medical decisions if that power is included in the document that created the POA.
Wiki User
∙ 12y agoThe meaning of authority over subjects listed on a power of attorney form is explained in your state statutes.
Wiki User
∙ 9y agoWhatever the power of attorney specifies. Some have no restrictions, others specify only certain powers.
Wiki User
∙ 9y agoIt depends on the specific grant of power. In most cases it means they can represent the grantor in all instances.
Add your answer:
Earn +20 pts
Power of attorney or Powers of Attorney- Which one is the correct?
power of attorney.
What kind of attorney can handle a power of attorney?
Anyone can act as a power of attorney for someone else. You do not have to be an attorney
form needed for power of attorney?
power of attorney
How do you use power of attorney in a sentence?
The power of attorney represents a living person in business dealings. The power of attorney ends with the death of the grantor.
Can a lifetime estate be ended by a power of attorney?
No. A power of attorney ends with the death of the principal.No. A power of attorney ends with the death of the principal.No. A power of attorney ends with the death of the principal.No. A power of attorney ends with the death of the principal.
What is the difference between power of attorney and attorney in fact?
The person given power to act under a Power of Attorney document is called the Attorney-in-fact or Agent.
Is a power of attorney still valid after the principal dies?
A power of attorney terminates when the principal dies.
When does power of attorney end in Georgia?
A power of attorney terminates when: (1) the principal dies; (2) the principal becomes incapacitated, if the power of attorney is not durable; (3) the principal revokes the power of attorney; (4) the power of attorney provides that it terminates; (5) the purpose of the power of attorney is accomplished; or (6) the principal revokes the agent's authority or the agent dies, becomes incapacitated, or resigns, and the power of attorney does not provide for another agent to act under the power of attorney.
Does a general power of attorney need to be filed with the courts?
Yes. You should be sure to have a general power of attorney and/or medical power of attorney.
Who handles the power of attorney forms?
Power of attorney is giving out the power or responsibility to another person. The power of attorney forms are handled by the Income Revenue Services.
What form do you use to give legal medical power of attorney for your children?
That type of power of attorney is also called a Child Medical Care Authorization Form.
If an attorney is the attorney-in-fact in the power of attorney can he notarize it?
No. Absolutely no.
