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When a third party is involved in a communication between an attorney and a client, the attorney-client privilege may be waived or limited. This means that the confidentiality of the communication may not be protected if a third party is present or participates in the conversation.
You may revoke a power of attorney at any time by giving proper notice to the person you had authorized to act for you. A revocation of a power of attorney is not effective as to a third party relying on the power of attorney until the third party receives actual notice of the revocation.
A third party should notarize any documents.
It will typically have to be filed with each third party they are working with. Without a copy of the power of attorney, a bank will not recognize the rights.
You present the power of attorney form to the third party.
The attorney General of Illinois is third in line.
From a contract attorney in your jurisdiction. They will be able to advise you based on the law that applies.
You should check with an attorney in your jurisdiction to determine how your state laws address POAs. Some states have updated the laws to increase oversight and responsibilities of the attorney-in-fact. In some states a third party can be held liable for any damages resulting from their failure to accept a duly executed POA. Some states require the attorney-in-fact to sign an affidavit. You need to check the laws in your state to determine what rights you have as AIF.
The plural of third party is third parties.
Delegation of rights, Assignments of Rights, Power of Attorney, Appointment of Agent; are all terms used to describe this same thing (theory).
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Yes, in such cases the court will often appoint a neutral third party, such as an attorney or a bank.