1. Types of Power of Attorney
Power of attorney is used to indicate that you allow any person to represent you in your absence
as your legal representative. It can be used if anyone become unable to make his decisions. The
person, whom you give your POA (Power of attorney) can
Sell all your assets
Handle Banking Transactions
Maintain Business Transactions
Settle Claims
Collect Debts
Collect Money
Can make an contract
Types of Power of Attorney
General Power of Attorney
Limited Power of Attorney
Health Care Power of Attorney
Durable Power of Attorney
Springing Power of Attorney
So before giving someone your authority you should keep some points in mind:
You should give your POA to the person who is in your control.
You should have trust on him.
Don’t make a power of attorney unless you need it.
If you feel that you will need it in future then make it but don’t sign it until you
feel need of it.
Always mention an expiration date on power of attorney, never make it for
indefinite period of time.
Also make sure to check on the period of time of POA.
Steps to make a POA
Select type power of attorney you want
Select your attorney
Complete the required documents
Pay registration fees
Register your power of
Ways a lasting power of attorney can end itself
2. A lasting power of attorney will not be valid if the attorney:
dies
loses the ability to make decisions - ‘mental capacity’
gets divorce or breaks a civil partnership with the donor
It can continue if:
there are other attorneys who can act ‘jointly and severally’
there are replacement attorneys
Now question comes to your mind that what you should do if any one uses your POA in wrong
way.
If you want to cancel your POA before the time it expire then prepare and execute Revocation of
Power of Attorney. And send a copy of this to the representative of the one whom you have
given your authority of representation. You can get revocation papers in the states of United
Nations in the register of deeds office where your power of attorney is registered. If you feel
difficult to do it yourself then you should take the help of Raleigh Lawyer. For More info please
click here
Every country has different rules and regulations for this. In united states, it is valid in every
state. But you will need the help of any lawyer who deals in the power of attorney. So you can
find suitable lawyer for you.
Raleigh lawyer Scott Allen handles alienation of affections and criminal conversation cases
and has over seventeen years of experience. For more information, visit:
http://www.allenspence.com/