A Power of Attorney is a legal document that grants one person the legal authority to act on behalf of another person, making crucial decisions about their property, finances, and medical care. Power of Attorney documents are typically used when someone becomes incapacitated by illness or injury and is unable to make decisions for themselves or communicate their wishes. They are also used when someone is going to be out of the country and not available to sign for matters such as real estate transactions.
A General Power of Attorney grants broad legal powers, while a Special Power of Attorney is much more specific about what decisions the agent is authorized to make. Hennis Legal Services can help you assess your goals and create a Power of Attorney that meets your unique needs. We assist clients in Canton, OH, and the surrounding areas.
A Special Power of Attorney is also called a Limited Power of Attorney. It specifies the circumstances under which the agent acts and limits their legal authority to make decisions on behalf of the principal/grantor. It can be limited to certain specific actions, such as cashing checks, writing checks, moving funds, investing funds, managing real property, and more.
A General Power of Attorney grants broad legal powers to the agent. They can act on behalf of the principal/grantor in a wide variety of financial and property-related matters. If you think a Power of Attorney may be the right tool to achieve your estate planning goals, contact Hennis Legal Services, and get personal, professional assistance today.
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