The principal can opt to create more than one special power attorney, delegating duties to different agents in each instrument. An agent’s roles and responsibilities are limited to specific circumstances. It is the implied and expressed provisions of the contract between the two parties that determine the duties of the agent.
Full Answer
What is 'Special Power Of Attorney'. Special power of attorney is a written authorization that grants an agent (also called an attorney in fact) the authority to act on behalf of the principal (the person granting this authority) under certain, specified circumstances. Special power of attorney is also called a limited power of attorney.
This discretion and decision-making power may not be delegated. However, they can get assistance in performing their duties. Some power of attorney documents may provide that the attorney can appoint agents to carry out administrative tasks. Such tasks do not usually involve decision making.
Additionally, the principal may create more than one special power of attorney, naming a different individual in each one. The special power of attorney is often used when one cannot handle certain affairs due to other commitments or for health-related reasons.
You can use a power of attorney to convey a range of abilities and rights to another person or organization. The rights granted by a power of attorney are limited by both the terms of the document and the state laws of the state where the power is created.
You can give power of attorney to an agent - a person that does not work in the same organisation, while delegation of authority is used for people in the same organisation.
In Arizona, durable financial powers of attorney are generally granted by preparing a written document outlining the powers. The person granting the powers signs the document before a notary and one witness.
If the agent is acting improperly, family members can file a petition in court challenging the agent. If the court finds the agent is not acting in the principal's best interest, the court can revoke the power of attorney and appoint a guardian.
In Arizona, powers of attorney do not have an automatic expiration date after five, ten, or twenty years. Unless you choose to put one in the document, they will last for the remainder of your life. Your agent only ceases to have signing power when you die.
Arizona law requires that you sign your POA in the presence of a notary public.
Powers of attorney (POAs) are authorized by Arizona law. A power of attorney is a written document where one person (the principal) gives authority to act on his/her behalf to another person (the agent).
In Arizona, in addition to other legal requirements, a health care power of attorney must be signed and either notarized or witnessed in writing by a person who affirms they were present at the signing and that the person signing the document appeared to be of sound mind and free from duress.
According to Maricopa Superior Court, to get Power of Attorney in AZ you must,Obtain the POA Packet.Take witness, original special power of attorney form and Photo ID to a Notary Public.You and the witness sign the Power of Attorney in front of a Notary.Make copies of the Power of Attorney for documentation.