For most individuals, a power of attorney might be necessary when it comes to making decisions on their behalf. Power of attorney is a legal document that gives someone else the legal authority to act on your behalf. With the power of attorney, you can delegate authority over specific decisions and tasks. In this article, we will discuss the different types of power of attorney, as well as provide some templates of what these documents look like.
General Power of Attorney
A general power of attorney gives someone else the power to make decisions and act on your behalf. It is a much broader type of power of attorney than a special or limited one. A special or limited power of attorney usually only applies to a specific task or action.
Special Power of Attorney
A special or limited power of attorney is the opposite of a general power of attorney, since it only applies to specific actions. Usually, individuals use a special power of attorney when they are not able, or don’t want, to handle all of the details of a particular task. For example, a person might use a special power of attorney to handle a real estate transaction or to represent them in court.
Medical Power of Attorney
Aside from general and special powers of attorney, there is also the medical power of attorney. This type of power of attorney permits an agent, who is usually a family member or friend, to make medical decisions on behalf of another person. Medical powers of attorney are often used in cases of elderly or disabled individuals who are unable to make medical decisions for themselves.
Power of Attorney for Minor Children
Power of attorney for minor children is a document that allows a parent or guardian to appoint someone else to make decisions for their children on their behalf. This type of power of attorney usually takes effect until the child is 18 years old. It is important to note, however, that the decision-maker does not have the same rights and responsibilities as a legal guardian does.
Power of Attorney for Finances
Power of attorney for finances is a document that allows someone to make decisions on behalf of another person regarding their finances. This type of power of attorney is often used in cases involving elderly or disabled people to ease the burden of managing their finances. It can also be used in cases where an individual is not able to handle their finances due to a mental illness or incapacity.
Fillable Limited Power of Attorney
A fillable limited power of attorney is a document that allows someone to fill out the document with the information that is relevant to the power of attorney. This is often used in cases where an individual needs to grant someone else the authority to make decisions on their behalf. It is important to note, however, that the decisions made by the agent are still subject to the approval of the person granting the power of attorney.
These types of power of attorney documents are only a few of the many different kinds of documents that may be used in
