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A financial power of attorney is a legal document that grants an individual (the agent) the authority to manage the financial matters of another person (the principal).
A Durable Power of Attorney Form Is Necessary Because You Just Never Know You may never need someone to make financial decisions for you. But life is unpredictable.
A power of attorney may be: special (also called limited), general, or temporary. A special power of attorney is one that is limited to a specified act or type of act. A general power of attorney is one that allows the agent to make all personal and business decisions [9] [10] A temporary power of attorney is one with a limited time frame. [11]
The UPOAA was designed to correct shortcomings of both the Uniform Probate Code and the Durable Power of Attorney by superseding them both. It consisted of four distinct articles: [5] The general rules governing the "creation and use" of power of attorney; The definitions used by the UPOAA; An optional form for use in granting power of attorney
A Lasting Power of Attorney is made by filling in a form in a prescribed manner, signed and witnessed in a prescribed order. There is a Web site [9] which allows data to be filled in, and provides a filled-in form ready to be signed and witnessed in printable PDF format.
Learn how to download and install or uninstall the Desktop Gold software and if your computer meets the system requirements.
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