what is power of attorney?

Answer 1

They handle all of your affairs or the affairs of someone incapacitated who can no longer handle their own affairs.

They are legally appointed by the court of law and control the finances and medical decisions of someone ill or permanantly handicapped. etc..

Answer 2

A power of attorney gives someone you trust the legal authority to act on your behalf. A power of attorney must be properly signed (executed) in order to be legal and valid. The process is not difficult and does not require an attorney, but it does require the signature of a notary. In most states, the signature of witnesses are required as well. The power of attorney, can be total, or of a limited nature. Best of Luck, and God Bless. Martha S.

Answer 3

It is legal authority for someone else to act in your name, including signing paperwork with the same effect as if you had signed them.

Power of Attorney can be limited to a single transaction, such as having an auto dealer register your car for you, or for a limited amount of time, or open-ended. It all depends on how the document granting the power of attorney (agent authority) is defined.

Answer 4

a power of
attorney is a document that gives the receiver permission to sign you name or do business as if it were you or so many things the room here would not permit listing them, any one who contemplates signing a power of Attorney should be extremely careful even for your wife or Attorney, or any one , it is a very dangerous document, so beware.many people have been ruined and lost every thing they had simple because they signed a P,O, A, not knowing what it entailed, for example a friend of mine signed a P,O.A to his wife to sell a house while he was gone 15years later she signed their home , retirement account all moneys in savings checking every thing over to her daughter unknowing to him the husband, just before she died he didn;t know this until he got a eviction notice 3 days after she was
buried, the courts ruled in part for him but after Attorneys fees and such there was not much left, P,O,A, s are very scary to me.

Answer 5

There are different kinds of POA, such as the POA over medical, finance, estates. There is also the POA called the springing, it only takes place after the principal can't do things for themselves. but remember it ends when the pricipal dies, and the only way you can so call pull the plug is if you have the medical POA granting that. Be sure if you intend to have a POA it is someone you can trust completely or your liable to lose everything and face alot of finacial burdens to get it back.

Answer 6

Power of attorney is when you sign over all of legal rights to sign papers and to pay bills and ultimately to take care of yourself in the eyes of the law. This is what I believe it to be.

Answer 7

ex. my grandmother is handicap and when she made her will up she made my mother power of attorney. That means if my grandmother cant make the decisions for herself the my mother can make them for her at her best interest

Answer 8

Power of attorny means you have the power to make important desicions for the person who signed it over to you in the instance that they can't make them for themselves ie comma, alztehimers ect. You can make descions regarding mone, whether to pull the plug, ect

Answer 9

Its how strong a lawyer is, depending on how often and how much he works out.

Answer 10

http://en.wikipedia.org/wiki/Power_of_attorney