Taking into consideration the myriad of reasons and circumstances which might trigger the thoughts of a necessity for such a document, this is virtually an impossible question respond to.
Additionally -- this site is probably NOT the best venue in which seek legal advice on a such a gravely important matter as this. Consult with a good, reputable attorney and discuss the situation which makes you feel that executing such a document might be in your interest.
No, a power of attorney may not execute a will.
If they are mentally competent, yes they can. They simply need to execute the statement to that effect.
No. "Attorney-in-fact" refers to a person who is granted authority to act for the principal in a power of attorney.The general power of attorney refers to the document,executed by a principal, that creates the power to act for the principal.
How to e-file an individual return by his general power of attorney holder
A general Durable Power of Attorney provides the attorney-in-fact with broad powers. However, a person can execute a Power of Attorney that specifically limits the powers and duties of the attorney-in-fact. It can be tailored to exactly meet the needs of the principal and it should be drafted by an attorney. A separate health care proxy that names a different individual could be drafted at the same time by the same attorney who can make certain the desires of the principal have been properly expressed and addressed and the powers of the two agents do not overlap.
Yes. You should be sure to have a general power of attorney and/or medical power of attorney.
You can mail the power of attorney form to the inmate. He/she would need to sign it and return it to you.
Yes. He can revoke any power of attorney and execute a new one. he should notify any facility where the old one was used and notify the former attorney in fact of the revocation.Yes. He can revoke any power of attorney and execute a new one. he should notify any facility where the old one was used and notify the former attorney in fact of the revocation.Yes. He can revoke any power of attorney and execute a new one. he should notify any facility where the old one was used and notify the former attorney in fact of the revocation.Yes. He can revoke any power of attorney and execute a new one. he should notify any facility where the old one was used and notify the former attorney in fact of the revocation.
Powers of Attorney do not need to be approved by a court. Any person can execute a Power of Attorney to appoint a personal agent. Courts appoint guardians.
A Power of Attorney is customarily notarized. However, the bigger question is the validity of a Power of Attorney that is executed by an incompetent person. In general, it is not valid, as the person does not have the capacity to grant the powers to another. Therefore, if there is reason to execute a Power of Attorney (such as, in anticipation of potentially dangerous surgery), it should be done prior to the event that could lead to incompetence.
The fact that there is a will doesn't matter. The power of attorney is valid until the death of the person it is associated with, or it is revoked, whichever comes first. The guardian is responsible for taking care of the individual. If the person handing the money (power of attorney) can't agree, they will have to go to the probate court for resolution.
Yes. The officers who are authorized to execute legal documents for the company can execute a power of attorney naming a person or another company as attorney-in-fact. Lenders do this regularly.Yes. The officers who are authorized to execute legal documents for the company can execute a power of attorney naming a person or another company as attorney-in-fact. Lenders do this regularly.Yes. The officers who are authorized to execute legal documents for the company can execute a power of attorney naming a person or another company as attorney-in-fact. Lenders do this regularly.Yes. The officers who are authorized to execute legal documents for the company can execute a power of attorney naming a person or another company as attorney-in-fact. Lenders do this regularly.