![]() In all the instances above, the principal should speak to a counsel before choosing an agent. Medical or health care POA authorizes the agent to make decisions on behalf of the principal in case of a life-threatening illness. Most health POAs fall under the durable kind because they take into consideration the fact that the principal may be too sick to make their own decisions. If the principal becomes very ill, he or she reserves the right to decide the quality of care preferred. The POA gives power to the spouse to make decisions even when the principal is comatose. For example, if the principal becomes comatose, but would prefer that the spouse be the agent, it can be specified in the form of a durable power of attorney. In such a case, the principal would prefer that the POA remains active even if he or she becomes unable to communicate. However, what will happen in the event the agent becomes debilitated? Will the POA still be applicable? A non-durable POA will end the moment it is revoked or when the expiration date specified arrives. The durable type of power of attorney is only effective during the period a person wished to get someone else act on his or her behalf. If an individual is not clear what should fall under the special power of attorney, it is best to speak to a legal counsel. Before signing to notarize a limited power of attorney, a person needs to be as detailed as possible about how much the agent should handle. Limited or Special Power of AttorneyĪn individual looking to limit how much the agent can do should choose limited or special power of attorney. The tasks include buying or disposing of real estate or even entering into contractual relationships on the principal’s behalf. The agent or the person designated to act on behalf of the principal is charged with handling several tasks. The general power of attorney is a broad mandate that gives an agent a lot of power to handle the affairs of a principal. A POA also ends when the creator divorces a spouse charged with a power of attorney or when an agent is not able to continue carrying out outlined duties. The power of attorney lapses when the creator dies, revokes it, or when it is invalidated by a court of law. The agent may also act on behalf of the principal in case the person is not readily available to sign off on financial or legal transactions. ![]() The agent can make decisions regarding medical care, financial matters, or property on behalf of the principal.Ī power of attorney comes into play in the event that the principal is incapacitated by an illness or disability. The attorney in charge possesses broad or limited authority to act on behalf of the principal. Power of Attorney, or POA, is a legal document giving an attorney-in-charge or legal agent the authority to act on behalf of the principal.
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