Power of attorney documents carry great weight, and everyone should understand what power of attorney means. When someone has power of attorney, they have the power to make certain decisions on someone else’s behalf.
You might ask: Decisions about what? It’s a good question, and one that you should always have the answer to before you sign a power of attorney document.
The Scope of the Powers of Attorney Can Vary
The American Bar Association (ABA) explains that a power of attorney document may grant general power to the legal agent or attorney-in-charge. In these cases, the person with power of attorney may make every type of decision on behalf of the individual who signed the power of attorney form.
The ABA also notes that, in some cases, the power of attorney document relates to specific matters, such as:
- The sale of property, such as a home or business
- Medical decisions, including but not limited to whether to continue life-sustaining care
- Investments
- Child custody decisions
A specific power of attorney document will outline the powers it grants to the legal agent. Anyone considering assigning powers of attorney to another party should be completely clear about the powers they are signing over.
When Should I Sign a Power of Attorney Document?
Before you ever sign a power of attorney document, you should consult a lawyer. There are legitimate reasons to sign decision-making powers over to someone else, but you must be crystal clear about what you’re signing and why you are signing it.
It may be appropriate to sign a power of attorney form when:
- You are working with another party to sell or purchase a home, vehicle, business, or other assets
- You are getting older and forming a plan for medical care
- You are sorting out your finances
An attorney can help you decide whether a general power of attorney, durable power of attorney (DPOA), or another type of power of attorney is most appropriate for you. Some combination of these documents may be necessary, and we will help you craft a personalized plan that protects you and your loved ones.
Call At Ease Law for Help with Power of Attorney Documents
We will walk you through the various types of power of attorney documents, learn about your personal circumstances, and help you craft documents that fit your needs. Call At Ease Law today at 702-602-5004 or contact us online to get thorough legal assistance.