Tips and Tricks on How To Give Someone Power of Attorney
Do you want to create a power of attorney document but don’t know who to choose as your agent and how to appoint them? Let us help you with the process!
In this article, DoNotPay will teach you what you need to know about how to give someone the power of attorney. Subscribe to our app, and draft a customized power of attorney document in the blink of an eye.
A power of attorney (POA) is a legal document in which the principal gives power to the agent to act on their behalf in legal, business, healthcare, and real estate matters. A power of attorney holder can have the general power to make all decisions or limited powers to make specific decisions, depending on the terms of the document.
There are various details that you need to include when creating a POA document:
- Relevant state laws and regulations
- Effective date and duration of the agreement
- The amount of responsibility you hand to the agent
- The number of agents you want to hand over the responsibility to
It is crucial that you choose the right person for the job—someone you can trust to make decisions when you are unable to. Most people select the following persons to hold the power of attorney:
- Child, if they are above 18 years of age
- Close friend
- Trusted accountant or lawyer
If you’re confused about which power of attorney you should go for, here are the options you can choose from:
|Power of Attorney Type||Brief Explanation|
|General||The agent can make all legal and business decisions on behalf of the principal|
|Limited||The agent has limited authority and can only act on specific matters or in particular situations|
|Springing||The power of attorney becomes effective if a certain event takes place, such as when the principal becomes mentally incapacitated|
|Durable||The power of attorney is effective even if the principal has become ill or is unable to manage their affairs|
|Medical||The agent is assigned to make medical decisions for the principal, including the decisions about:
|Financial||The agent makes financial decisions for the principal and has access to their bank accounts and other assets|
Although it is easy to select someone you know, you also need to make sure that they will respect your wishes and act in your best interests. The person you choose will have access to your legal, business, and other important documents.
Here are a few traits that you should look for when choosing an agent:
- Someone who lives in or near your house
- A person you can trust to make the best decision for you
- Someone who can be assertive when making difficult decisions
- A person who is willing to act in your best interest and can make the time to carry out the responsibilities
- A person who will understand and honor their duties and responsibilities
The principal needs to have sufficient mental and physical capacity to create a power of attorney. It is imperative that they fully understand the nature and contents of the document before they sign it.
The principal can select more than one person to act as their agent. Bear in mind that if you have multiple agents, they might have different perspectives on how to deal with your financial and other key issues.
For appointing a power of attorney agent, here are the steps you need to follow:
|Method||Steps To Follow|
|Choose the person||
|Draft the agreement||
|Finalize the agreement||
In case you don’t want to go through the hassle of creating the power of attorney by yourself, DoNotPay can do it for you.
Do you want to create a killer power of attorney? Trust DoNotPay to help you out! Our app will collect all the vital info and create a personalized document in a snap. All you need to do is follow these easy instructions:
- Access DoNotPay from a web browser
- Search for the Power of Attorney feature
- Answer our chatbot’s questions so we can customize the document
Once you’re done, DoNotPay will finalize the power of attorney letter and send it to you, along with two must-read notices. Both you and your agent should read and understand them before signing the document.
Most states require a POA document to be notarized. If you’re wondering where to find a notary to witness the signing, we can help with that too! With our Notarize Any Document feature, you can skip the long search and get an appointment with an online notary in a matter of minutes!
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