An important part of lifetime planning is the Power of Attorney.

Posted by priscilya

An important part of lifetime planning is the <ahrefhttp:www.legalhelpmate.compower-of-attorney.aspx>Powerof Attorney<a>. Valid in all states, these documents give oneor more persons the power to act on your behalf. The power maybe limited to a particular activity e.g., closing the sale ofyour home or general in its application, empowering one or morepersons to act on your behalf in a variety of situations. It maytake effective immediately or only upon the occurrence of afuture event e.g., a determination that you are unable to actfor yourself. The latter are "springing" Powers of Attorney. Itmay give temporary or continuous, permanent authority to act onyour behalf. A power of attorney may be revoked, but most statesrequire written notice of revocation to the person named to actfor you. The person named in a Power of Attorney to act on your behalf iscommonly referred to as your "agent" or "attorney-in-fact." Witha valid Power of Attorney, your agent can take ...