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The Power of A Power of Attorney?
So, what is a Power of Attorney?A power of attorney is a written document which grants another person, called an agent or attorney in fact, the power and authority to make certain decisions and act legally on behalf of another person, called the principal, who authorizes and grants the power. Notwithstanding the title of the document, the agent authorized to act does not have to be an attorney - that's the power of a power of attorney. Spouses usually name their husband or wife to be their agent. A relative, friend or anyone you trust can be named as your agent.The power of attorney is often granted for a specific time period, e.g., while the principal is out of the country or hospitalized; for a specific purpose, e.g., to run a business or purchase a home; or for a specific circumstance, e.g., to manage property because of the principal's illness. A power of attorney granted during the principal's life terminates at the moment of the principal's death- hereafter your will, or the law of intestacy, governs the handling of your estate. Keep in mind, a power of attorney document is not a substitute for a will.Types of Power of AttorneyA Power of Attorney is known by different names and can cover different areas and handle different functions.• Medical Power of AttorneyIt enables the agent to make decisions for medical care when the principal becomes incapacitated and is unable to make such decisions. It may also be called a durable power of attorney for health care.• The financial durable power of attorney should be witnessed by a notary public or attorney. If the durable power of attorney deals with the power to sell, lease, or otherwise dispose of real estate, you should have the power of attorney recorded in the Registry of Deeds, located in the county courthouse where the property is located.• The word "durable" means that your agent can continue to make decisions for you if you become incapacitated. The agent will still be obligated to act in your best interest, making decisions and using your money and property only for your benefit.By establishing a durable power of attorney, you are giving the agent some of the following powers:• To spend your money, cash checks, and withdraw money from your bank accounts• To sell your property• To pursue insurance claims and legal actionsIf you do not establish a durable power of attorney and you become mentally incapacitated, it may be necessary for a court to appoint a guardian or conservator for you.Power of a Power of AttorneyExecuting a power of attorney does not mean that you can no longer make decisions; it just means that another person can act for you also. For example, you may be hospitalized for a brief period of time and need someone to deposit your checks in the bank or pay your bills. As long as you are capable of making decisions, the other person must follow your directions. You are simply sharing your power with someone else.How Much Does it Cost?Legally, no payment is required. If payment is desired, it should be clearly stated in the power of attorney document. However, if an attorney-in-fact has to run a business or manage complicated financial affairs, then payment is appropriate.If you change your mindIf for any reason you become dissatisfied or are no longer comfortable having your chosen agent or agents handle your affairs, you have the right to revoke the agent's authority under the power of attorney at any time, as long as you are of sound mind. Be certain to distribute copies of that statement to your agent and to any institutions and agencies, such as banks and hospitals that had notice of your power of attorney. After you revoke the durable power of attorney, you can 1) execute a new durable power of attorney naming someone else as your agent to handle your affairs; or 2) handle your affairs on your own.[video=]
How do you transfer power of attorney?
Yes. If for any reason you are no longer comfortable having your chosen agent or agents handle your affairs, you have the right to revoke the power of attorney at any time, as long as you are of sound mind. In order to revoke a durable power of attorney, you simply write or type a statement which includes the following (forms are available from LSE): * Name and date * You are of sound mind * You wish to revoke the durable power of attorney * Specify the date the original durable power of attorney was executed * Specify the person or persons named as your agents * Your signature Distribute copies of that statement to your agent and to any institutions and agencies, such as banks and hospitals, that had notice of your power of attorney. After you revoke the durable power of attorney, you can 1) execute a new durable power of attorney naming someone else as your agent to handle your affairs; or 2) handle your affairs on your own. ==Another Perspective== A POA does not give the son the power over his mother that you describe. If your aunt wants to see you and is well enough to go out her son should not be prohibiting her from doing so. Perhaps he has been appointed his mother's guardian. If so, his rigid control over his mother should still be questioned. You should speak to the social worker at the nursing home and express your frustration over being prevented from visiting your aunt. Perhaps the social worker could explain the son's behavior. If that doesn't help then invest in an hour with an attorney who specializes in elder affairs. What you describe may be elder abuse. An elderly person who is living in a nursing home should have as much company as possible and should not be isolated from family unless there is a very good reason for doing so.
How much is a power of attorney in California?
California has made available statutory power of attorney forms for financial and medical matters. You can purchase these forms at stores that sell legal forms.
My mother has power of attorney over my grandfather can she transfer it to me?
go to an attorney & have a DURABLE poa drawn up also include a section on what your mother wants concerning medical procedures if she gets sick very much like a living will she will sign & you will sign you must have a lawyer do this but make sure it is a durable poa
How much power does a wave give?
500 W power
A woman is elderly and her son has power of attorney He has terminal cancer and he and his wife have squandered much of the estate When he dies will his wife become POA or will his sister?
Power of attorney is not inherited. The court would have to appoint a new one.
What are some examples of a power of attorney?
You can see 'free previews' at pretty much every website that offers the form.
What is give the states rights?
States rights is allocation of power to the states relative to the federal government. If you give too much power to the states: They become 50 bickering despotisms If you give too much power to the federal govt: We have a dictatorship
how much does it cost for a ride to portland and back for handicapped transportation?
You can give your son power of Attorney using online only if they come from a real leagal site and that their filed correctly. Before using these sites place ensure that they are legal.
Why do you need power of attorney?
You can read all about a Power of Attorney at the link below. The benefits are numerous and much needs to be considered if such a legal action is contemplated. A general or durable POA grants sweeping powers over all your assets to another person. You need to review the information and decide for yourself if one is generally necessary for you.In some cases a Limited POA is necessary for various specific acts such as:when a person is away serving in the military and their spouse is selling their home.when a person who lives in another state is buying or selling real estatewhen a person is recovering from a serious medical condition and need to have someone act on their behalf during recoveryany time a person must sign legal documents and will not be available to do so in person
How much power does nitrous give?
depends on if its wet or dry shot, and how much ;)
How much more power dose stab give you in pokemon?
It multiplies the power by 2.
