COMMON QUESTIONS |
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Power of Attorney is a legal document that is used to transfer legal authority from one person to another. The person giving the Power of Attorney is called the "Principal" and the person receiving the power is called the "Agent" or "Attorney-in-Fact".
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Do I need a Lawyer to make a Power of Attorney?
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No, you do not need an attorney.
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If I sign a Power of Attorney, can I still make my business decisions?
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Yes, the power of attorney only comes into effect if you become unavailable or incapacitated.
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Do I file my Power of Attorney with the government?
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No, but it should be kept in a safe place with copies to your agent or attorney-in-fact
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- Family Member/Business Partner
- Your Attorney
- Trustee Company
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The biggest difference between a Living Will and a Medical Power of Attorney Form is that with a legal will, ONLY the doctor can make decisions for you and the doctor can only make medical decisions for you if you are in a vegetative state with no known cure. Under a Medical Power of Attorney Form you can choose any person to make the medical decisions for you and the person representing you can make medical decisions at anytime when you are not able to make these decisions for yourself.
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| Power of Attorney For Taxes? |
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| Power of Attorney For Real Estate? |
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