Monday, July 9, 2018

Power of Attorney Form – Does the Document Have Legal Validity?


Is a power of attorney a legal document – this is a question that comes to the mind of many people who intend to create one to safeguard their interests when they face a possibility of mental incapacitation at some point in life or want to ensure no such risks even when healthy. To put simply, people only use power of attorney form for legal matters. POA forms assign a different type of authority to agents, or appointed individuals.
 

Assigning full legal authority


In the type of POA known as General Power of Attorney, you name an individual to serve on your behalf in case you are unable to act on our own. The individual chosen thus is referred to as an “Agent”. Please visit this site to ​​get a sample power of attorney form in Kansas.

Assigning limited authority


If you are hesitant to grant full authority, you may instead grant limited authority over each affair to the agent who is chosen. For example, he can only be provided with access to a bank account. The Springing Power of Attorney is an instance of this type of official power of attorney document. It comes into effect only when the principal gets mentally incapacitated. However, the Health Insurance Portability and Accountability Act has made this useless – as it mentions that without written consent the medical records of the principals should stay fully private.

Assigning authority at some other date


If you want, you can also defer the coming in effect of a POA to a later time – when you risk being incapacitated. You can make a durable power of attorney for health which would start being effective only when a doctor certifies you to be mentally unfit.

To learn more about drafting a power of attorney form in Oregon online, visit this website.

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