ALL >> Legal >> View Article
Which Legal Terms Should You Have To Know To Get A Power Of Attorney?
A POA (Power of Attorney) is needed by a person who likes to allow another individual to carry out some legal actions on his behalf. With this type of document, you can let some other person deal with the care of your kids, make healthcare decisions, handle financial matters etc. In many states, there is official simple power of attorney form template that can easily be used. It is important to know about a few legal terms when you plan to get a Power of Attorney.
Principal
He is a person executing a POA to bestow authority to another individual to take decisions or act for him / her.
Agent
He is an individual who is granted authority by a Power of Attorney. He is also referred to as an ‘attorney-in-fact’, a term that does not have anything to do with a lawyer.
Durable Power of Attorney
A free durable power of attorney form is a POA that is said to be durable in case it stays in effect after your incapacitation.
Limited/Special Power of Attorney
It is a POA that bestows less than full authority on an attorney-in-fact. Unlike many POA forms that offer broad and ...
... comprehensive authority to agents, a Limited POA confers less authority – such as few specified authorities. It might exist for just a short while or can be applicable to only one financial transaction. Please visit this site to get a sample power of attorney form.
Legal Power of Attorney
Is a power of attorney a legal document? While every POA is a legally binding document, a Legal POA is a power of attorney form for legal matters. It is a special document that bestows authority on an attorney-in-fact to take legal decisions on behalf of a principal.
Springing Power of Attorney
A POA is regarded as springing in case it is not immediately effective, but can come into effect in the future when specified events occur – such as when a principal gets incapacitated. For more information about getting a VA power of attorney, 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 documents blog. To learn more about drafting a power of attorney form in Maine online, visit this website.
Add Comment
Legal Articles
1. Exploring The Benefits Of Working With A Truck Accident Lawyer And Personal Injury LawyerAuthor: Louis Berk
2. Understanding The Benefits Of Choosing A Private Limited Company Structure In India
Author: Ahlawat and Associates
3. Locating Hard-to-find Respondents For Civil Process Serving
Author: ramcivilprocessservices
4. A Comprehensive Guide To Judgment Recovery Collection
Author: Noam Cohen
5. Understanding The Significance Of Timely Civil Process Serving
Author: ramcivilprocessservices
6. Breaking Barriers: The Rise Of Female Lawyers In Delhi's Legal Landscape
Author: Aman Singh
7. Court Marriage Lawyer In Nepal: Your Expert Guide To Navigating Legal Procedures
Author: nepallegalservice
8. The Power Of Skip Tracing Why It's Crucial And How We Can Help
Author: ramcivilprocessservices
9. Why Professional Civil Process Serving Matters
Author: ramcivilprocessservices
10. Understand Multifaceted Purposes Of Police Clearance Certificate
Author: Hardik Shah
11. Sponsor Licence Cooling-off Periods: Navigating The Re-application Process
Author: The SmartMove2UK
12. Your Guide To Navigating Workers' Compensation Attorney Services In Nj
Author: blognerdzone
13. Gjel Accident Attorneys
Author: Andy Gillin
14. Navigating The Insurance Claim Process In Food Delivery Accidents
Author: magerparuas
15. Full Service Law Firm Nj - Innovative Solutions For Legal Challenges
Author: mikewalson