Attorney Power Agent Format
Description
How to fill out California Power Of Attorney Forms Package?
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FAQ
A power of attorney is an instrument created by a person to act on someone else's behalf in a legal or business matter[i]. In an agency a principal appoints another as his/her agent and confers upon the agent the authority to perform certain specified acts or kinds of acts on behalf of the principal[ii].
While you aren't financial liable, as the attorney-in-fact, you're still the point of contact for the principal's debts. Creditors have a right to attempt to collect the funds that are owed. They don't, however, have a right to harass you.
A Power of Attorney Could Leave You Vulnerable to Abuse Often, this does not happen ? at least not unless or until abuse of power becomes egregious. Because of the potential that an agent could take advantage of you or steal from you, it is very important that you select the right person to act as your agent.
The POA cannot transfer the responsibility to another Agent at any time. The POA cannot make any legal or financial decisions after the death of the Principal, at which point the Executor of the Estate would take over. The POA cannot distribute inheritances or transfer assets after the death of the Principal.
The full form of BOQ is a Bill of Quantity. It is a form of the document, prepared by a cost estimator to calculate the exact cost of project work, to find the total cost we multiply item work by their rate. For tendering and contracting, it is one of the most important documents.