What Are The Different Types Of Power Of Attorney Forms?
Are you looking for a power of attorney form free? You can get one easily from many websites out there, which have POA forms of various types available, to take care of various affairs – such as business, law, medical, healthcare etc. Many of these are drafted and prepared by experienced attorneys. However, before you use any of these forms for your own requirements, you have to consider which type of form would suit your needs the best. Read on and find out about the different types of power of attorney forms that are available today.
General Power of Attorney
With this, you can bestow more general powers on someone to manage your affairs. The agent could be appointed to deal with various tasks for you, which includes purchase or sale of real estate, entering into contracts and more.
Special or Limited Power of Attorney
This can give limited powers to your agent, and you can actually restrict what he / she can do on your behalf. If you are concerned that the authorities that you bestow on the agent could be used against you, the appointed person is not fully reliable and the powers could be misused, this is the best type of Arkansas power of attorney that you can use. It is a good idea to first always have a consultation with your lawyer, regarding what needs to be included in your special POA form.
Durable Power of Attorney
It can be effective only for the specific periods that you mention, such as when you go overseas and someone has to take your business decisions on your behalf, you get mentally incompetent or incapacitated, fall into a coma etc. You may appoint your spouse or child to take decisions on your behalf.
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