A Power of Attorney, or POA, is a legal document that allows a person, the principle, to nominate someone to make financial and other decisions on their behalf. This appointment can be effective immediately or when a person is unable to make those decisions on their own. For example, if they become mentally incompetent, or leave the country for a length of time, they might be unable to make important decisions.
A Power of Attorney that continues to be in effect even if you become mentally incapacitated is known as a Durable Power of Attorney. Having a Durable Power of Attorney stops the court from stepping in and taking control of your finances. Without a Durable Power of Attorney, the court would appoint someone to make decisions for you.
Certified Document Solutions makes protecting yourself and your finances easy. By answering a few quick questions, we will generate a power of attorney specially tailored to your needs and wishes, one that will be valid in all 50 states. In just a short time, you will have the security of knowing that someone you trust - not the court - is able to make decisions for you when you are not.
Authorities for Durable Powers of Attorney
An agent, known as the "Attorney-in-Fact", has as many or as few powers as a principle chooses. A power of attorney may authorize the agent to do any or all of the following:
This Power of Attorney allows you to specify which powers you wish to give to your agent, when it takes effect, and even allows you to provide customized special powers.