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  • Power Of Attorney Worksheet - U.s. Coast Guard

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Will be binding on you, so you should grant a power only to someone you trust and only to the extent that is absolutely necessary. If you have questions about the use or effect of a power of attorney, the legal assistance staff will be happy to assist you. Making a General Power of Attorney (GPOA) is an important action that has serious legal consequences. With a GPOA, your agent can (for example) rent or buy a house with your money, borrow money that you must repay, sell your car, sue someone.

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Q: WHAT IS A MILITARY POWER OF ATTORNEY? It is a power of attorney prepared by military legal assistance offices and must be notarized in ance with 10 U.S.C Section 1044(a), or other applicable State or Federal law.

A POA can be a person or organization appointed to control someone's legal or economic affairs. Military power of attorney is often used when a service member is deployed and has limited communication or access to technology. This might be property, medical, or financial affairs.

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.

A power of attorney can be executed by any person who is competent to enter into a contract. Principal/donor and agent/donee must be above the age of 18 years and sound mind. However, the married women can execute powers of attorney even if they are minors.

The person named in a power of attorney to act on your behalf is commonly referred to as your "agent" or "attorney-in-fact." With a valid power of attorney, your agent can take any action permitted in the document.

General POA: A general POA allows you (the grantor) to give a broad range of powers to a trusted person (the grantee) to act on your behalf in areas such as banking transactions, business transactions, selling of real estate and personal property, and taxes.

A POA is a legally binding planning tool that gives one person the authority to act on another's behalf for legal or financial issues for a specified time. Conversations with your service member can help you better meet his or her needs.

Access family finances — By providing your spouse with a power of attorney, you can ensure they have access to your bank accounts and financial information. Many financial institutions have their own power of attorney form they want customers to use.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232