Attorney
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Power Of Attorneys
A Power of Attorney is a legal agreement in which the principal ("non-incapacitated" person) gives authority to the agent or attorney-in-fact to act in place of the principal. The agent will have the power to open bank accounts in your name, bring suits in your name, and can sign legal documents for you among other things. As soon as the power of attorney agreement is signed it is "executed", or legally binding. A power of attorney form is no lon Read More... -
Power of Attorney
The Oxford dictionary defines a Power of Attorney as “the authority to act for another person in specified legal or financial matters”. In other words, granting someone a power of attorney empowers that person to manage your financial or legal affairs within defined boundaries. The person authorizing the other to act is the “Principal” and the one authorized to act is the “Agent” or “Attorney In Fact” (AIF). The Power of Attorney may be verbal—s Read More... -
Limited Power of Attorney
Through a limited Power of Attorney, the “principal” can authorize another person, i.e. “agent”, to carry out specified tasks on his or her behalf for limited time duration or only under certain circumstances. The Power of Attorney is therefore “limited” or tailored to meet the needs of a particular transaction or set of transactions (i.e., “the purchase of the real estate in Los Angeles, known as 123 Oak Street”) and comprehensively details the Read More...
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