A guardian can be any competent adult -- the ward's spouse, another family member, a friend, a neighbor, or a professional guardian (an unrelated person who has received special training). A competent individual may nominate a proposed guardian through a durable power of attorney in case she...
A power of attorney is a legal document giving one person (the agent or attorney-in-fact) the right to make certain decisions for another (the principal). The broadest of these documents is known as ageneral power of attorney, though other, more specific POAs can limit the power of an a...
Related to Durable power of attorney:Durable Power of Attorney for Health Care living will n. A document in which the signer states his or her wishes regarding medical treatment that sustains or prolongs life, especially by invasive or extraordinary means, for use if the signer becomes mentally ...
and tax POA. You can also use a power of attorney revocation form, which helps you revoke all the previous power of attorney. Note that power of attorney can lose its power not only due to revocation but also in case of the principal’s death and incapacity (durable POAs are an exceptio...
This is especially the case if they choose to act outside of the scope of their authority or breach their duty to act in your best interest. See also What is a durable power of attorney and why do you need one? Limitations of a power of attorney ...
Power of Attorney: North Carolina Requirements, Types, and Uses How to Get a Durable Power of Attorney in Texas How to Get a Durable Power of Attorney in Florida Before You Send Your Kids to College, Make Sure They Sign a Power of Attorney Form ...
election or otherwise) and each of their authorized officers and attorneys-in-fact, as the case may be, with full power of substitution, as his true and lawful agent and attorney-in-fact, with full power and authority in his name, place and sxxxx, to: (i) execute, swear to, acknowled...
Losing the ability to make decisions regarding personal finances is a reality that often comes with advanced age. For elderly people who are nursing home residents, having an effective power of attorney (POA) in place helps ensure that day-to-day financi
— health care power of attorney : a power of attorney authorizing an agent to make health care decisions in the event of incapacity called also medical power of attorney — irrevocable power of attorney : a power of attorney that cannot be revoked by the principal — special power of...
If you have a POA and become unable to act on your own behalf due to mental or physical incapacity, your agent orattorney-in-factmay be called upon to make financial decisions to ensure your well-being and care. For example, they may need to pay bills, sell assets to pay for medical...