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A Nevada limited power of attorney form is a document that temporarily confers one person's decision-making power to another person, generally within the context of a specific transaction or time period.
The Nevada Revised Statutes (NRS 162A. 090) defines a Nevada power of attorney (POA) as a document allowing a principal (the ?principal?) to authorize another person (the ?successor agent? or ?attorney-in-fact?) to act on their behalf when making financial, medical, or legal decisions.
In Nevada, like most states, the duration of a POA is usually determined by the terms outlined in the actual document. This means that the POA can be set to expire on a specific date, upon the occurrence of a certain event, or when the principal becomes incapacitated or dies.
Both types of durable power of attorney remain valid and in effect until you specifically revoke or cancel the power of attorney or until you die (and your attorney in fact can still act on your behalf until actual notice of your death is received).
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.
Nevada 211 services that provide low-cost and/or free legal aid for people who need counseling in legal matters, such as bankruptcy, housing, public benefits, family law, elder law or immigration/naturalization.
Making a legal will requires that: You are of sound mind when you create the document. You sign the document in front of two witnesses. Your two witnesses sign the document in front of you. Your two witnesses will not inherit anything. ... Your will is in hard copy as Nevada does not recognize electronic wills.
Lawyer Referral and Information Service ("LRIS"). If you hire the attorney after the initial consultation, the attorney will negotiate the fee with you. To use this free service, call LRIS at 702-382-0504 or toll-free within Nevada at 1-800-789-LRIS (5747). Visit the LRIS website to learn more.