Agent Power Attorney With Consideration

State:
Maine
Control #:
ME-P003D
Format:
Word; 
Rich Text
Instant download

Description

This is a statutory form that is used to prove the validity of an agent's power to act under a power of attorney.
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  • Preview Agent's Certification as to Validity of Power of Attorney and Agent's Authority
  • Preview Agent's Certification as to Validity of Power of Attorney and Agent's Authority

How to fill out Maine Agent's Certification As To Validity Of Power Of Attorney And Agent's Authority?

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FAQ

There are two different types of Lasting Power of Attorney (LPA) a health and welfare LPA and a property and financial affairs LPA. They each have different uses.

One major downfall of a POA is the agent may act in ways or do things that the principal had not intended. There is no direct oversight of the agent's activities by anyone other than you, the principal. This can lend a hand to situations such as elder financial abuse and/or fraud.

There are 3 different types of power of attorney: lasting power of attorney (LPA), enduring power of attorney (EPA) and ordinary power of attorney. LPAs came into force in October 2007. Before that, people made EPAs. It's no longer possible to make an EPA, but an EPA made before October 2007 remains valid.

A POA must be drafted to reflect the true intention of the Donor. A power of attorney can be made orally or expressly stated in writing by a letter of appointment. Usually, POA must have an expiry date contained in the agreement; the Donor can revoke it, expressly, impliedly or by the operation of the law.

You cannot give an attorney the power to: act in a way or make a decision that you cannot normally do yourself for example, anything outside the law. consent to a deprivation of liberty being imposed on you, without a court order.

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Agent Power Attorney With Consideration