If a persons signature is obtained by fraud, the contract may be held wholly void. The same rule applies to getting someone to sign a power of attorney by fraudulent representations.
If a persons signature is obtained by fraud, the contract may be held wholly void. The same rule applies to getting someone to sign a power of attorney by fraudulent representations.
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A Wyoming durable statutory power of attorney form lets a person (?principal?) choose anyone to represent their best interest while handling financial affairs on their behalf. The form allows the selected person (?agent?) to facilitate any financial-related action on behalf of the principal.
A Wyoming durable power of attorney permits a resident to grant someone else, an ?agent,? the full power to act in their place for any type of financial matter.
A ?durable? POA is simply a power of attorney that survives the incapacity of the Principal. While a Durable General Power of Attorney grants your Agent a considerable amount of legal authority to act on your behalf, it does not grant your Agent the authority to make medical or health care decisions on your behalf.
This power of attorney authorizes another person (your agent) to make decisions concerning your property for you (the principal). Your agent will be able to make decisions and act with respect to your property (including your money) whether or not you are able to act for yourself.
Ends with Your Death ? In the event of your death, a durable power of attorney will no longer be valid. This document is not a replacement for the last will and testament or trust. It Can be Revoked or Not Honored at Any Time ? Due to the lack of court oversight, not everyone honors a durable power of attorney.