Durable Power Of Attorney Convert to PPT For Free - Convert Ppt

The durable power of attorney manages somebody else's financials during their lifetime. In contrast, a designation of health care surrogate gives somebody else the authority to manage medical decisions on behalf of another person.

A durable power of attorney is generally used to make plans for the care of your finances, property, and investments in the event that you can no longer handle your financial affairs yourself.

Durable Power of Attorney This is the most common type of POA?it gives your agent the power to make decisions relative to some issues if you are incapacitated.

For most people, the best option is to have a general durable power of attorney because it gives your agent broad powers that will remain in effect if you lose the ability to handle your own finances. An attorney can customize a general POA to limit powers even more?or add powers, Berkley says.

A general power of attorney grants the agent considerable powers. The agent may have the authority to make financial or business decisions, as well as legal or medical decisions. A special power of attorney limits the options available to the agent. You can even create many POAs, each with a different agent.

Characteristics to Look For Someone Who Lives Nearby. Someone Who Is Trustworthy. Someone Who Can Be Assertive. Someone Who Has Some Understanding of Medical Processes. Someone Who Is Articulate. Someone Who Has a Willingness to Serve.

Under the provisions of Indian Evidence Act, a power of attorney executed before and authenticated by a Notary Public carries a presumption that it was properly executed. Section 85 of the Indian Evidence Act reads: ?85. Presumption as to powers-of-attorney.

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