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LawProfessor.com Exclusive Article. This type of power of attorney is called durable power of attorney. “Durable” simply means that your agent can act on your behalf if or when you become unable to do so yourself. The agent is required by law to make the best decisions for you – both financially and physically.
Dear Liz: My husband’s brother had a stroke and is now incapacitated. My husband needs to take over his finances. The bank will not accept the durable power of attorney that they set up 14 years ago …
Power of attorney. A power of attorney (POA) or letter of attorney is a written authorization to represent or act on another’s behalf in private affairs, business, or some other legal matter. The person authorizing the other to act is the principal, grantor, or donor (of the power).
Creating a will may not be something many people think of doing. Thinking about what to do with your property after you die is often not a person’s top priority. However, there is more to a will than …
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A power of attorney (POA) is a document that allows you to appoint a person or organization to manage your affairs if you become unable to do so. However, all POAs are not created equal.{C} Each type gives your attorney-in-fact (the person who will be making decisions on your behalf) a different level of control.
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A power of attorney is a legal document that transfers control of some of your personal responsibilities to another person. There are a few basic types of power of attorney, one of which is a durable …
This post was contributed by a community member. There are a variety of legal documents that can be signed when needed. One of the most popular and common documents is a Power of Attorney (POA). A POA …
Officially naming someone to have the power to take care of your financial affairs if you suffer an incapacitating illness or injury will allow a your business to function more normally in your …
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