Q: WHEN IS A POWER OF ATTORNEY NECESSARY?
A: Any person with assets such as a vehicle, house, business
or bank accounts should sign a legal power of attorney naming
a trusted person as agent to make decisions protecting and
preserving those assets in the event of an emergency. Say
you are suddenly rendered incompetent or called out of the
country: Have you properly authorized someone with a POA to
manage your property while you cannot? A POA is equally important
in cases where a parent needs to give temporary custodial
authority of a child to another adult, or where a person wants
to appoint someone else to make medical decisions.
Q: WHICH POWER OF ATTORNEY IS RIGHT FOR YOU?
A: There are four principal types of Power of Attorney: A
General POA, a Limited POA, a Health Care POA, and a Custodial
POA for Minors. Each of these is explained more fully below.
THE GENERAL POWER OF ATTORNEY
GRANTS BROAD POWERS.
A General POA gives the Agent broad powers over all of the
assets of the Principal, including the right to buy and sell
property, access private records, use and dispose of personal
property and essentially do anything with the Principal's
property that the Principal herself could do. Our General
POA is written to grant the broadest possible powers to cover
nearly every situation imaginable. A General POA can be either
Springing
or Durable.
THE LIMITED POWER OF ATTORNEY
GRANTS SPECIFIC POWERS.
A Limited POA gives the Agent very specific powers. Usually
this form of POA is used to authorize the Agent to take a
specific action, such as accept an offer to buy the Principal's
house or use the Principal's car. A Limited POA is also referred
to as a "Special" Power of Attorney and can be either
Springing or Durable.
THE HEALTH CARE POWER OF
ATTORNEY DEALS WITH HEALTH CARE DECISIONS.
A Health Care POA grants the Agent the power to make medical
decisions for the Principal when the Principal can't make
that decision for himself. This might occur when the Principal
slips into a coma after a motor vehicle accident. With a properly
drafted Health Care POA, the Agent has authority to consult
with the Principal's physician, evaluate the risks of certain
medical procedures, and give or withhold consent for the physician
to perform the procedure. The Health Care POA only becomes
effective when the Principal is unable to make medical decisions
for himself or herself because of mental incapacity.
THE CUSTODIAL POWER OF ATTORNEY
FOR A MINOR DEALS WITH CHILDREN.
A Custodial POA for a Minor is used when a parent or guardian
of a child needs to temporarily appoint another adult to make
day-to-day decisions for a minor child. This type of POA should
be used whenever a parent leaves his or her children with
another adult. Our Custodial POA document grants broad powers
to give the temporary guardian maximum flexibility and authority.
Q: WHY SHOULD YOU BUY FROM GRANITEDOCUMENTS.COM?
A: Because when you purchase from us, you're going to easily
get the customized, signature ready document you need immediately.
Here you only buy what you need and get it delivered to you
for immediate printing. Furthermore, we don't just sell you
a blank form and make you do the guesswork of filling it out
correctly. Instead, we take the information you provide and
insert it in the document where it belongs for a professionally
prepared look every time. Most importantly, each of our power
of attorney forms were drafted by an experienced attorney
so that your satisfaction is guaranteed.
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