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POWER OF ATTORNEY
- BY THE AMERICAN LEGAL REVIEW, THE PREMIER ONLINE RESOURCE FOR LEGAL INFORMATION AND THE EVALUATION OF LEGAL PRODUCTS AND SERVICES
Sometimes in life, a situation will arise where the mental or physical capacities of a person are reduced to the point where he can no longer make decisions for himself. Daily decisions must be left in the hands of another trusted person.
Or perhaps another situation comes to bear where person is unable to personally attend to a specific legal affair or piece of business, and wishes to have a designated representative handle the affair or transaction on his behalf.
In either case, what's needed is a Power of Attorney. A Power of Attorney document allows one person to designate another person to handle the business, financial and legal affairs of the person signing the form, either for a specific function or for overall day-to-day needs.
THESE POWER OF ATTORNEY FORMS ARE VERY POWERFUL LEGAL DOCUMENTS! The person(s) named as "attorney-in-fact" will have the ability -- once these documents are signed, witnessed and notarized and provided to such person(s) -- to conduct the business, transaction or engage in the conduct set forth on the document. In short, these documents allow the persons named as attorney-in-fact to carry out the business of the person signing this document, the same way as if he or she could do it him or herself. The persons named as "attorney-in-fact" must be trustworthy and have the best interest of the person signing this document in mind, so this program and the resulting forms should be used with the utmost care.
Below are some Power of Attorney products and services examined by the American Legal Review:
| LEGAL KITS | LEGAL FORMS | LEGAL SOFTWARE | LEGAL SERVICES |
American Legal Review > Power of Attorney:
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Create a customized, fully legal Power of Attorney document in minutes! This Standard Legal Software package allows anyone to quickly and easily create a Power of Attorney document that is tailored to fit most every personal situation. The software includes both a Limited Power of Attorney for specific personal situations, or the more general Durable Power of Attorney to handle a broader range of issues. Plus a Revocation document to end the Power of Attorney relationship! Valid in all states once notarized.
There are three types of Power of Attorney forms contained within the Standard Legal Software package:
DURABLE POWER OF ATTORNEY
Used to permit a third party (an "attorney-in-fact") to conduct or engage in most ANY FORM OR TYPE of business on the part of the person signing the form - such as buying, selling or transferring property, signing documents, purchasing assets, opening bank accounts, buying stocks, etc., all in the name of the person signing the form (and with money owned by the person signing this form). This document is appropriate for individuals who do not wish to engage in such transactions or no longer desire to do the same (for example, but not limited to, an elderly or disabled individuals who can no longer leave their residence to conduct certain business, or individuals that may be leaving the country for a lengthy period of time who desire someone to handle their business on their behalf).
LIMITED POWER OF ATTORNEY
Used to permit a third party (an "attorney-in-fact") to conduct or engage in the specific business or transaction stated on the document on the part of the person signing the form. This document differs from the Durable Power of Attorney in two ways: 1) The authority granted under this document is limited to the tasks, business or transactions specifically stated in the document; 2) The authority granted under this document is limited in time, i.e. if the action or business is not taken or engaged in by the date set forth on the document, the authority to do the same lapses. This document is appropriate for individuals who cannot take certain actions on their own because they are unavailable to do so or to do so would result in some inconvenience.
REVOCATION OF POWER OF ATTORNEY
This document allows the user to end a Power of Attorney relationship, giving back to the maker all legal authority to again handle the business and/or financial affairs that were previously assigned through the initial Power of Attorney action.
LEARN MORE ABOUT POWER OF ATTORNEY SOFTWARE FROM STANDARD LEGAL
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USA LEGAL DIRECTORY
Creating a valid Power of Attorney can be a complicated legal process. There are often a significant number of legal forms to prepare and file. If you come to the decision that you cannot handle the paperwork and required legal filings, then you need to find the best local attorney you can to help you.
But what's the best way to go about finding an attorney?
At USA Legal Directory, you can post the information about your case or legal need for free. LAWYERS WILL RESPOND TO YOUR REQUEST WITH THEIR BEST OFFER -- THEN YOU PICK THE BEST ATTORNEY FOR YOUR NEEDS! You are in complete control!
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| POWER OF ATTORNEY BY FIND LEGAL FORMS
Durable Power of Attorney (Effective Immediately) - Allows an individual (called the "Principal" or "Grantor") to authorize someone else (called the "Attorney-in-fact" or "Agent") to act on his or her behalf. This Durable Power of Attorney document becomes effective immediately upon signing and stays in effect even if the Principal later becomes incapacitated or disabled.
LEARN MORE ABOUT POWER OF ATTORNEY FROM FIND LEGAL FORMS
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US LEGAL FORMS POWER OF ATTORNEY
A power of attorney is an instrument containing an authorization for one to act as the agent of the principal that terminates at some point in the future either by its terms or by operation of law such as death of the principal or agent. They are also called letters of attorney. The person appointed is usually called an Attorney-in-Fact. The person making the power of attorney appointment is called the principal. A power of attorney can be either general, durable or limited. Some states have adopted a statutory power of attorney. Other specific types of power of attorneys include: Health Care Power of Attorney, Power of Attorney for Care and Custody of Children, Power of Attorney for Real Estate matters and Power of Attorney for the Sale of a Motor Vehicle. Free law summaries provide a detailed explanation of state specific law concerning the power of attorney.
LEARN MORE ABOUT POWER OF ATTORNEY FROM USLEGALFORMS.COM
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