Power of attorney in a sentence
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I hold power of attorney or guardianship for property for the retired member. In the event that a communicant decided to be represented by a lawyer, the power of attorney should be documented before the Committee. A director may grant a power of attorney to another director in order to ensure representation in a decision by the Board of Directors.
How to use power-of-attorney in a sentence. Example sentences with the word power-of-attorney. The most voted sentence example for power-of-attorney is If the person acting on the cl...
Examples of power of attorney in a sentence, how to use it. 98 examples: We encourage families to obtain durable power of attorney for health care for…
Examples of Power of attorney in a sentence Lawson’s elderly mother signed a power of attorney so that he could make decisions for her if she were ever too sick to make her own choices. The attorney drew up a power of attorney so that his client could make financial decisions while her brother was away at war.
An example is a power of attorney that grants the agent authority to sell a home or other piece of real estate. Springing Durable Power of Attorney. In some states, a “springing” power of attorney is available and becomes effective when a specified event occurs such as when the principal becomes incapacitated.Jun 2, 2017
In this page you can discover 13 synonyms, antonyms, idiomatic expressions, and related words for power of attorney, like: executorship, succession, trusteeship, procuration, agency, deputyship, proxy, supplantation, supplanting, P/A and written authority.
power of attorney. noun. plural powers of attorney. Britannica Dictionary definition of POWER OF ATTORNEY.
A formal document called a power of attorney is used to appoint the attorney. I have been waiting here, poised like a human cannonball, waiting for you to send me a valid power of attorney document.
There are different types of power of attorney and you can set up more than one.Ordinary power of attorney.Lasting power of attorney (LPA)Enduring power of attorney (EPA)Mar 7, 2022
powerholder (plural powerholders) A person in a position of power.
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A power of attorney (POA) is a legal document giving one person (the agent or attorney-in-fact) the power to act for another person, the principal.
power. Plural. powers. The plural form of power; more than one (kind of) power.
Example sentences. continuity of care. There is too little continuity of care. The only way to ensure continuity of care for residents is to keep the company whole.
A Power of Attorney empowers an Attorney-in-Fact to do certain specified things for the Principal during the Principal's lifetime. A Living Trust also allows a person, called a "trustee," to do certain things for the maker of the trust during that person's lifetime but these powers also extend beyond death.
Powers of Attorney should be written clearly so that the Attorney-in-Fact and third parties know what the Attorney-in-Fact can and cannot do. If you, as Attorney-in-Fact, are unsure whether or not you are authorized to do a particular act, you should consult the attorney who prepared the document.
Under some circumstances, if the third party's refusal to honor the Power of Attorney causes damage, the third party may be liable for those damages and even attorney's fees and court costs. Even mere delay may cause damage and this too may subject the third party to a lawsuit for damages.
An Attorney-in-Fact is looked upon as a "fiduciary" under the law. A fiduciary relationship is one of trust. If the Attorney-in-Fact violates this trust, the law may punish the Attorney-in-Fact both civilly (by ordering the payments of restitution and punishment money) and criminally (probation or jail).
An affidavit is a sworn written statement. A third party may require you, as the Attorney-in-Fact, to sign an affidavit stating that you are validly exercising your duties under the Power of Attorney. If you want to use the Power of Attorney, you do need to sign the affidavit if so requested by the third party.
Even a Durable Power of Attorney, however, may be terminated under certain circumstances if court proceedings are filed.
If you have the right to make health care decisions for the Principal, the court may not appoint someone to make those decisions in place of you unless you have abused those powers or the Principal was not competent when he or she executed the Durable Power of Attorney for Health Care. 7. Affidavit by Attorney-in-Fact.
A power of attorney is a legal document authorizing a person (agent) to act on behalf of the person creating the document (principal). A power of attorney comes in many forms, depending on the principal’s needs and circumstances. When deciding on the power of attorney type, you can choose between the ones presented in the table below:
Common examples of the power of attorney abuse include financial abuse of an elderly person or a greedy agent taking money from the principal’s account, selling the principal’s house, or transferring the title into their name. Regardless of the reasons (e.g., debts), abusing the power of attorney is unacceptable and punishable by law.
Creating a power of attorney document (POA) is not to be taken lightly. Apart from deciding on the type and following state-specific laws, your biggest responsibility is choosing the right person to handle your affairs. If you don’t, someone can take advantage of your trust and use the provided privileges for their benefit.
Keeping detailed records of managing the principal’s assets. POA abuse is a legal claim that the agent hasn’t been acting in the principal’s best interest. It typically involves the following offenses: Theft.
Any responsible individual should think about creating a durable power of attorney. It provides relief to know your affairs will be managed according to your wishes once you’re not able to take care of yourself.
If you suspect someone is abusing power of attorney—be it yours or from a loved one—you should talk to a lawyer immediately. Depending on the circumstances and state laws, a lawyer can:
Getting the authority to make financial, medical, and other decisions for someone else implies certain responsibilities . The agent can decide on all matters determined by the document (as per state law) but has to do so with the principal’s best interests in mind.
Generally, the law of the state in which you reside at the time you sign a power of attorney will govern the powers and actions of your agent under that document.
Another important reason to use power of attorney is to prepare for situations when you may not be able to act on your own behalf due to absence or incapacity. Such a disability may be temporary, for example, due to travel, accident, or illness, or it may be permanent.
If you are ever called upon to take action as someone’s agent, you should consult with an attorney about actions you can and cannot take and whether there are any precautionary steps you should take to minimize the likelihood of someone challenging your actions.
Today, most states permit a "durable" power of attorney that remains valid once signed until you die or revoke the document.
A power of attorney allows you to choose who will act for you and defines his or her authority and its limits, if any.
There are no special qualifications necessary for someone to act as an attorney-in-fact except that the person must not be a minor or otherwise incapacitated. The best choice is someone you trust. Integrity, not financial acumen, is often the most important trait of a potential agent.
The power may take effect immediately, or only upon the occurrence of a future event, usually a determination that you are unable to act for yourself due to mental or physical disability. The latter is called a "springing" power of attorney.