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3 Common Types Of Power Of Attorney Documents

By Author: Carl Glendon
Total Articles: 61

The term “Power of Attorney” refers to a formal document that authorizes you to authorize another person to take financial or personal decisions if you become mentally insolvent. He or she can handle decisions or activities on your behalf. Find out about the 3 common types of official power of attorney document papers that you can draft and put to use.

Ordinary Power of Attorney

It covers all your financial decisions, and stays valid as long as you are mentally or intellectually solvent. It is perfect in case you require a temporary cover, such as a holiday or hospital stay, or f you want the attorney to act on your behalf or in case you find it tough to get out. To learn more about drafting a power of attorney form in Indiana online, visit this website.

Enduring Power of Attorney

The Enduring Power of Attorney or EPA was replaced in October 2007 by LPAs. But in case you tried creating legal document templates power of attorney of this type with success prior to October 1, 2007, it is supposed to be valid even today. It covers decisions regarding your financial affairs and property matters. It becomes effectual in case you lose intellectual faculties, or in case you wish to allow some other reliable person act or decide on your behalf.

Lasting Power of Attorney

This is the new form of EPA, and the printable medical power of attorney form covers all the decisions regarding financial matters or even care and health affairs. It becomes effectual in case you lose your mental powers or do not wish to take your own decisions any longer. It can let you cover yourself for the future.

For more information about getting a power of attorney form in Alabama, please visit this website.

Author Resource:-

Carl writes often about legal drafting, rental lease agreements, power of attorney form sand help the people in such needs. You can find his thoughts at free legal contracts blog. To learn more about drafting a power of attorney form in Illinois online, visit this website.

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