Power of Attorney Forms
A Power of Attorney is a legal document that gives a person or business the power to make important decisions on another’s behalf. The individual granting permission is called the “Principal,” whereas the entity authorized to make judgments is called the “Agent.” Power of Attorneys, or POAs for short, come in several different types to account for the vast range of situations in which the document may be required. The document is commonly used by those that work in dangerous environments, are sick with a life-threatening disease, are frequently out of town from where their business operates, or want to ensure a specific person holds responsibility for a personal affair.
What is a Power of Attorney?
A Power of Attorney gives those unable to make decisions for health or other reasons the power to appoint another to handle their business, private matters, or other important life decisions for the short or long term.
What can be given Authority Over?
An agent can be given representative authority over numerous facets of a principal’s life, making situations which previously would have required the principal to be in-person able to be resolved by an individual the principal trusts. The types of cases in which an agent can be appointed include the following:
- Health Care –
When Should a Power of Attorney be used?
Appointing an Agent to make decisions on an individual’s behalf can provide useful in a wide range of situations, including the scenarios below.
- Out of State or Country – when traveling outside of the state or country, coming back at a moment’s notice can not only be nearly impossible in certain circumstances, it can be unnecessary. As an example, the owner of a property may need to collect rent or pay property taxes. Signing a Limited POA specifically outlining what the agent can do allows the property to be taken care of as if the owner was there in person.
Power of Attorney’s by State
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Rhode Island
- South Carolina
- South Dakota
- West Virginia