123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Legal >> View Article

How To Ensure Your Best Interests With A Power Of Attorney?

By Author: Carl Glendon
Total Articles: 61

A Power of Attorney (POA) is a document that is used to appoint an agent and legally validate him with the powers to manage your affairs when you are mentally incompetent or absent. It could be useful when you are away on a business trip or vacation or while recuperating from an operation. However, there are many cases when a POA has been abused to conduct fraudulent transactions. Here are some easy tips to ensure your best interests with a POA.

Mention an expiry date

It is legally required for you to get a lawyer to draft your document. Download a free power of attorney form online, and use it as a sample document to make your own. It is not expensive to get a POA drafted by an esteemed legal firm. Once you have the document, mention a date of expiration for the POA to become invalid – so that there is no need for any revocation. To learn more about ​drafting a power of attorney form in Montana​ online​, visit this website.

Monitor your agent’s activities

Keep your finances in an account that is separate to that of your appointed agent. Ask about regular reports and statements related to your account. In the absence of any organization to monitor the activity of appointed agents for POA, you have to make sure that the powers that you bestow on your agent are never abused.

Revocation of a POA

When you revoke or terminate a POA, do so in writing as well as orally. Make sure that you send the revocation copies to the deeds office, your bank and other third parties concerned.

Author Resource:-

Carl writes often about legal drafting, rental lease agreement, marital separation agreement and help the people in such needs. You can find his thoughts at custom legal forms blog. Please visit this site to ​​get a​ sample power of attorney form.

Total Views: 22Word Count: 327See All articles From Author

Legal Articles

1. Benefits Of Having An Auto Accident Lawyer Mission Valley
Author: Steve Wheeler

2. Do You Really Need Accident Attorney Nj? This Will Help You Decide
Author: Gregg Wisotsky

3. Importance Of Choosing The Right Family Law Attorneys
Author: Betsy Salcedo

4. Don’t Fall For These Myths Before Hiring Real Estate Attorney Pa
Author: Howard Sobel

5. A Guide By Personal Injury Attorney On Factors Affecting Compensation
Author: Howard D. Popper

6. Get Through To Your Case With New Jersey Construction Accident Lawyer
Author: Gregg Wisotsky

7. Find Thebest Legal Firms For International Trading
Author: Aaron Myers

8. Looking For Best Process Servers? Your Search Ends Here
Author: Rebecca Jones

9. How To Solve Property Disputes?
Author: raji

10. An 8 Points Guide By Your Morris County Motorcycle Accident Attorney
Author: Gregg Wisotsky

11. Guide To The Steps In Negotiation By Freehold Personal Injury Attorney
Author: Thomas Mallon

12. Tus Procuradores En Toda La Comunidad De Madrid - Bartolomé Procuradores
Author: mishelsmith

13. Handle The Case With Your Motorcycle Accident Attorney Pennsylvania
Author: Timothy B. Barnard

14. Rights Of Injured Victim Guide By New Jersey Personal Injury Attorney
Author: Thomas Mallon

15. 6 Silly Myths On Accident Revealed By New Jersey Auto Accident Attorney
Author: Howard Popper

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: