Pennsylvania Special Power of Attorney - Form 11B - Pre and Post 2005 Act

• Category: Bankruptcy - Power of Attorney
• State: Multi-State
• Control #: US-BKR-F11B
• Format: Word; PDF; Rich Text

Description

This form is a special power of attorney. The claimant authorizes the attorney, with full power of substitution, to vote on any question that may be lawfully submitted to the creditors of the debtor. This form is data enabled to comply with CM/ECF electronic filing standards. This form is for post 2005 act cases.

Pennsylvania Special Power of Attorney — Form 11— - Pre and Post 2005 Act A Pennsylvania Special Power of Attorney is a legal document that grants specific powers to an individual, known as an agent or attorney-in-fact, to act on behalf of another person, known as the principal. The authority given to the agent can vary depending on the type of power of attorney and the specific provisions outlined in the document. Pre-2005 Act: Before the enactment of the 2005 Act, Pennsylvania recognized various types of powers of attorney, including the Special Power of Attorney — Form 11B. This particular form allowed individuals to appoint an agent to handle specific matters on their behalf. The powers granted could range from financial transactions, real estate dealings, managing investments, signing contracts, and making healthcare decisions. The terms and limitations of the power of attorney were customized based on the principal's needs and intentions. Post-2005 Act: With the implementation of the 2005 Act, Pennsylvania revised its power of attorney laws to improve clarity, protect the principal's interests, and standardize the use of these legal documents. It introduced the Uniform Power of Attorney Act, which simplified the Pennsylvania Special Power of Attorney — Form 11B and addressed issues such as durability, revocation, the agent's authority, and termination. Under the Post-2005 Act, the Pennsylvania Special Power of Attorney — Form 11B can be further divided into different types based on the specific purpose or scope of authority granted. Some common variations include: 1. Financial Power of Attorney: This type of Special Power of Attorney allows the agent to manage the principal's financial matters, such as banking transactions, tax filings, bill payments, and investments. The agent can make decisions related to assets, debts, and property on behalf of the principal. 2. Healthcare Power of Attorney: This Special Power of Attorney grants the agent the authority to make healthcare decisions for the principal. It often comes into effect if the principal becomes incapacitated or unable to make medical choices. The agent may have the power to select healthcare providers, consent to treatments, and access medical records. 3. Real Estate Power of Attorney: In this variation of the Special Power of Attorney — Form 11B, the agent is specifically authorized to handle real estate matters on the principal's behalf. This can involve buying or selling property, managing rental agreements, signing leases, or handling mortgage-related affairs. 4. Limited Power of Attorney: Sometimes, a principal may only require the agent to act on their behalf for a limited period or specific purpose. This type of Special Power of Attorney grants the agent the authority to complete a specific task, such as signing a contract, attending a real estate closing, or making financial transactions within certain defined limits. It is important to note that Pennsylvania Special Power of Attorney — Form 11B should be prepared and executed in accordance with the legal requirements of the State of Pennsylvania. Consulting with an attorney is recommended to ensure compliance with applicable laws and to tailor the document to meet individual needs and preferences.