This Power of Attorney Package contains Power of Attorney forms that allow you to make decisions about your finances, healthcare, and the care of minor children. The following forms are included:
Well-constructed formal documents are among the crucial assurances for steering clear of problems and legal disputes, but acquiring them without an attorney's assistance may require some time.
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A Limited POA can legally authorize someone to act on another person's behalf in a specific scope or for a specific situation.
A Limited Power of Attorney can give someone the authority to sign a legal document for a specific transaction. For instance, a limited power of attorney may be used to enable a real estate agent to handle a closing on behalf of a buyer or seller who is far away.
Under a limited power of attorney agreement, the agent can only act and make decisions on specified activities, and only to the extent that the principal authorizes. A principal does not need to choose a lawyer to be their agent; attorney in fact differs from an attorney at law.
Limited powers of attorney are valid for no more than 90 days, except those used by lessors, which are good for periods up to one year.
A general power of attorney allows the agent to make a wide range of decisions. This is your best option if you want to maximize the person's freedom to handle your assets and manage your care. A limited power of attorney restricts the agent's power to particular assets.
