Free Articles, Free Web Content, Reprint Articles
Sunday, July 21, 2019
 
Free Articles, Free Web Content, Reprint ArticlesRegisterAll CategoriesTop AuthorsSubmit Article (Article Submission)ContactSubscribe Free Articles, Free Web Content, Reprint Articles
 

How a Power of Attorney Works

A power of attorney works by granting someone the legal authority to act on your behalf. During your lifetime you may have had a real estate agent ask you to sign a power of attorney granting them the authority to sell your house for you. Others may not be very aware of how a power of attorney actually works. In this article I will try to define the terms, and explore its different uses.

A power of attorney works by granting some one the legal authority to act on your behalf. During your lifetime you may have had a real estate agent ask you to sign a power of attorney granting them the authority to sell your house for you. Others may not be very aware of how a power of attorney actually works. In this article I will try to define the terms, and explore its different uses.In its most general form, a power of attorney is a formal means of legally sharing the authority to make certain decisions on your behalf with another. The person who you appoint to share the authority is called the 'agent'. An agent is allowed to make daily decisions in your name and handle business, financial, or legal situations in your name. You can use your power of attorney to define the use of the agentís authority in very specific situations or in very broad terms, itís completely up to you.Using a power of attorney is much like making a plan for your future. You have to predict things you won't be able to attend to, then appoint your agent to perform those tasks. For example, people in the military who know important events will take place when they are away from home will fill out a power of attorney form to enable their spouse to handle it on their behalf while their gone. A business owner may use this form because they can't be physically present at a very important business eventComputer Technology Articles, so they will empower an agent to act on their behalf. Others may just want to use this form to appoint some one to make their medical decisions according to their wishes if they cannot communicate those wishes themselves.

Source: Free Articles from ArticlesFactory.com

ABOUT THE AUTHOR


'How a Power of Attorney Works' has been brought to you by Legal Forms Bank .Biz - they have your state's power of attorney form in an easy to fill out, do-it-yourself format.



Health
Business
Finance
Travel
Technology
Home Repair
Computers
Marketing
Autos
Family
Entertainment
Law
Education
Communication
Other
Sports
ECommerce
Home Business
Self Help
Internet
Partners


Page loaded in 0.060 seconds