Types of Power of Attorney

Power of Attorney (POA) is a legal document that grants authority to an individual (the agent or attorney-in-fact) to act on behalf of another person (the principal) in legal, financial, or healthcare matters. There are several types of POAs, each serving specific purposes:

[{"selector":"#anim-4bf40d72-64fb-4aff-8a09-6df9b96b7e84","keyframes":{"transform":["translate3d(-105.64103%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-389f6893-cc50-4724-a330-631be2428d65","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-112da424-32eb-4e5b-8c25-7ea094624b25","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

A legal instrument with several uses is the General Power of Attorney (GPA). It gives the agent extensive Power to act in the principal’s place. A GPA covers everything, including signing a sale deed and appearing on your behalf in court.

[{"selector":"#anim-0e31ca60-9cbf-4b5c-8c41-b2a321dacb0c","keyframes":{"transform":["translate3d(101.79487%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a63b8830-fb22-471e-95f5-3ae76ca65b4b","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-db82b773-f66c-49b5-95b6-52fa67ab2b60","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

A Special Power of Attorney is restricted to certain tasks or circumstances, unlike a GPA. For example, you can give someone a Special POA so they can sell a certain property.

[{"selector":"#anim-12fefc18-1bf0-4029-9c4f-9a8ba8df289e","keyframes":{"transform":["translate3d(-107.17949%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a8ffea9c-a610-4047-8af8-422998eb71dd","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-42260c7f-da15-4b56-9151-006087f8ea0a","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

The duration of a durable power of attorney is indefinite. The PoA is still in effect even if you become incapacitated. This guarantees that, whatever life throws at you, your affairs are taken care of.

[{"selector":"#anim-ae49d1c8-df68-4283-9ba7-1ae67b3d6eb9","keyframes":{"transform":["translate3d(102.82052%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f06dd397-1a54-4a63-90ba-556c1bb131b4","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a2d6db87-9e48-48a2-8bc4-cb86e51451a9","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

This kind of PoA is reserved for healthcare decisions. It only becomes relevant when you are unable to make those choices for yourself. The agent can cover your medical expenses but is not able to make decisions that might end your life, such as removing your life support.

[{"selector":"#anim-6339bff4-85c2-4326-88c5-48b8be0d0755","keyframes":{"transform":["translate3d(-103.84616%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-466d4a1b-4397-49da-a2d4-958edd39e775","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5d5b256f-1346-4904-b533-a30ddb69abdb","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

Read Out For More

[{"selector":"#anim-ba23434d-3025-4569-a264-535beb2143d2","keyframes":{"transform":["translate3d(99.74811%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7460dd0a-651d-466c-8401-765af146251c","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cc828a03-1b75-47d8-9ad5-9ccd1e9316ed","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-13d16af5-e1c7-4031-af15-44ff48e285e5","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-dcc2f836-4c60-483e-886c-ffad4655dbfd","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Understanding the different types of Power of Attorney is essential for individuals and families to make informed decisions about their legal and healthcare representation. It is advisable to consult with a legal professional to determine the most appropriate type of POA based on individual circumstances and needs.

www.omaxe.com

[{"selector":"#anim-e30f7edd-7dbc-47c8-8306-6c9651bac523","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}]