This is a limited power of attorney for the State of Tennessee. You specify the powers you desire to give to your agent. Sample powers are attached to the form for illustration only and should be deleted after you complete the form with the powers you desire. The form contains an acknowledgment in the event the form is to be recorded.
Murfreesboro Tennessee Limited Power of Attorney: A Comprehensive Guide to Specifying Powers with Sample Powers Included In Murfreesboro, Tennessee, a Limited Power of Attorney (POA) is a legal document that allows an individual, known as the "principal," to grant specific powers and authority to another person, referred to as the "agent" or "attorney-in-fact." This authoritative document outlines the extent of the agent's powers and provides a legal framework for the agent to act on behalf of the principal in specific matters. When specifying powers in a Limited Power of Attorney, it is crucial to be precise and clear about the scope of authority granted. This document can be customized to suit the principal's needs and can encompass several types, including but not limited to: 1. Healthcare Limited Power of Attorney: This POA grants authority to the agent to make medical decisions and healthcare choices on behalf of the principal. It can include powers such as consenting to or refusing medical treatment, choosing healthcare providers, accessing medical records, and making end-of-life decisions, among others. Sample powers for a Healthcare Limited Power of Attorney can include: — Consent or refuse any medical treatment or procedure on behalf of the principal. — Choose healthcare providers, hospitals, or medical facilities for the principal's care. — Access and review medical records, including confidential information. — Make decisions regarding organ donation or brain donation. — Determine the principal's care options, such as home healthcare, assisted living facilities, or hospice care. 2. Financial Limited Power of Attorney: This type of POA grants the agent power to handle the principal's financial affairs and make financial decisions. It can include powers such as managing bank accounts, paying bills, making investments, filing tax returns, and buying or selling assets, among other financial matters. Sample powers for a Financial Limited Power of Attorney can include: — Access, manage, and control the principal's bank accounts, including making deposits, withdrawals, and transfers. — Pay bills and manage ongoing financial obligations. — Buy, sell, lease, or mortgage real estate properties or other assets. — Manage investments, including buying or selling stocks, bonds, or mutual funds. — File tax returns and take related tax actions on behalf of the principal. 3. Real Estate Limited Power of Attorney: This POA specifically grants authority to the agent to handle real estate-related transactions and decisions on behalf of the principal. It can include powers such as buying or selling properties, signing contracts, executing deeds, and managing rental properties. Sample powers for a Real Estate Limited Power of Attorney can include: — Buy or sell real estate properties on behalf of the principal. — Sign and execute contracts, agreements, or leases related to real estate transactions. — Execute deeds or transfer titles— - Access rental properties and manage rental agreements. — Handle property-related disputes, including filing or responding to lawsuits. These are just a few examples of the different types of Limited Power of Attorney that can be specified in Murfreesboro, Tennessee. It is essential to consult with an attorney to ensure compliance with state laws and adequately customize the POA form to suit individual needs. A well-drafted Limited Power of Attorney can protect the principal's interests while providing the agent with the authority needed to act on their behalf in the specified matters.
