A durable power of attorney is a written document that creates an agency relationship between a principal, the person granting authority, and an agent or attorney-in-fact, the person to whom authority is granted. If you appoint both a property and a personal attorney, you can choose to appoint the same person as both or appoint two different people. It is strongly recommended that you prepare both types of Powers of Attorney so that you can choose who will make decisions for you. Unless you put a condition or limit in your Continuing Power of Attorney for Property, it will take effect as soon as you sign it.
This means that the person that you appoint can start acting on your behalf right away. richard schibell reviews If you violate the Alabama Uniform Power of Attorney Act, Chapter 1A, Title 26, Code of Alabama 1975, or act outside the authority granted, you may be liable for any damages caused by your violation. When you give someone (or a company) power of attorney, you give them the legal right to act on your behalf in relation to one or more aspects of your life e.g. your finances, property, or healthcare. richard schibell reviews Still, so long as the Power of Attorney was lawfully executed and so long as it has not been revoked, third parties must honor the Power of Attorney. You may revoke an enduring power of attorney at any time while you have capacity to make this decision. There are two types of power of attorney that afford different legal abilities. Long form if you wish to appoint different attorneys for personal matters (including health care) and financial matters. richard schibell If you create a last will , living will , or power of attorney , through LegalZoom, your Legal Plan attorney can review these documents to ensure they are completed properly and offer suggestions. The attorney-in-fact also is responsible for distinguishing between the types of decisions he or she has the power to make and other decisions. Explain to the third party that you are acting under the authority of the Power of Attorney and are authorized to do this particular act. A Power of Attorney empowers an Attorney-in-Fact to do certain specified things for the Principal during the Principal's lifetime. Attorney General advisory opinions are written by the Office of Legal Counsel in the Justice Department, and provide legal advice to the President and all the Executive Branch agencies. It is recommended (but not necessary) for the principal to appoint an alternate attorney-in-fact.