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A power of attorney must be signed by the principal or in the principal's conscious presence by another individual directed by the principal to sign the principal's name on the power of attorney.
A power of attorney (POA) document allows you to appoint a trusted person to serve as your agent or attorney in fact. This person manages your affairs if you become incapacitated and are unable to make decisions on your own.
Irrevocable power of attorney ? This is a power of attorney that the grantor cannot revoke. For a power of attorney to be irrevocable, specific language must be placed in the document clearly stating the grantor's intent.
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.
An attorney letter of representation is correspondence, usually a letter, sent by the victim's attorney to the defendant or an insurance company advising that an attorney represents the victim. The purpose of a representation letter is to make the opposing party aware that counsel represents your client.
The requirements and restrictions vary in each state; however, in Mississippi, your document will require notarization. If your agent will have the authority to manage real estate transactions, the Power of Attorney will need to be acknowledged by a notary and recorded or filed with the county.