Senior : Powers of Attorney
last modified
2010-08-06 13:40
A Power of Attorney is a document that voluntarily creates a relationship with another and gives them the right to act as if they were you. You may limit a power of attorney to a very specific transaction or you may grant full power to someone over all of your affairs. For example, a limited power might be to allow your agent "to sell my car and deposit the sale proceeds to my bank account" or "to write checks on my bank account to pay my utility bills." A "full" power would allow your agent to transact all your financial affairs for you. Some of the most frequently asked questions follow:
- What are some common uses of the Power of Attorney?
- What is an agent or Attorney-in-fact?
- How do I create a Power of Attorney?
- Does a Power of Attorney last forever?
- What if I become incompetent?
- Can I revoke my Power of Attorney?
- What is the difference between a Power of Attorney and a Guardianship or Conservatorship?
- My mother has Alzheimers. Can I get a Power of Attorney for her?
To see all the questions and answers, click here.
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