Durable Limited Power of Attorney
Price: £12.95 |
| Name: |
Durable Limited Power of Attorney |
| ISBN: |
978-1-906144-12-8 |
| Pages: |
18 |
| Pub. Date: |
August 2007 |
| Edition: |
United Kingdom |
| Summary: |
This is a legal document that allows you to appoint someone to make certain legal decisions on your behalf when you are unable to do so yourself. |
| Includes: |
Power of Attorney Forms & Instructions |
| Format: |
 Downloadable |
|
This legal document allows you to appoint someone (usually a trusted family member or friend) to make legal decisions on your behalf when you are no longer able to do so yourself.
The essential difference between this Limited POA form and the Durable General Power of Attorney form is that the scope of authority granted to your agent can be limited in terms of the activity to be carried out, to a specific transaction, limited in time or in any way you wish..Like the above form, the authority is not deemed to be revoked upon you becoming incapcitated or ill.
Limited rights to manage certain aspects of your affairs
…. You can give your attorney limited rights to manage certain aspects of your affairs . You decide on the scope and extent of these rights!
Reduce and avoid the risk of embezzlement
….You can reduce and even avoid the risk of fraud or embezzlement.
Security of knowing you appointed someone trustworthy
…. You will have the security of knowing that you have appointed a trustworthy friend or colleague as your attorney with power to look after your affairs when you are not around to do. Think of the benefit of this alone to your family!
Complete business transactions in your absence
…. You can have someone complete personal and business contracts and transactions on your behalf even when you are unable to do so yourself due to being absent or on vacation;
Delegate complex tasks to your agent
…. You will have the peace of mind of being able to delegate burdensome tasks to people who can fully complete same without the need to drag you alone to a series of meetings.
Limit the powers granted to your attorney
…. You can give your attorney limited rights to manage all or some only of your affairs.
Set up a power of attorney for any type of business trasactions
…. You can set up a limited power of attorney for a real estate sale, on in relation to a vast of other transactions relating to:
- Real estate
- Bond, share and commodity
- Business operating
- Claims and litigation
- Chattel and goods
- Banking
- Insurance
- And virtually any other matter !
