Carl Glendon

What are Some Important Types of Power of Attorney Forms?

Many people feel that a simple power of attorney form template is all that there is to a power of attorney document. As a matter of fact, these types of documents are of varied types. Find out about some important types of POA forms.

Non-Durable Power of Attorney

This is used to handle short-term transactions that cannot be handled by the principal for some reason. Such type of POA has an expiration period, mainly at a time when the principal gets incapacitated due to some reason and cannot offer permission anymore for the continuance of the POA or even have it revoked. Such a POA is limited only to a small time period, where a specific deal is to be finished within the particular time frame. Once this specific instance gets completed, the principal gets the power back. This type of POA gets immediately effective.

Durable Power of Attorney

Such a POA is just like the non-durable power of attorney. It only continues in case the principal gets mentally ill or incapacitated. All the POA forms end upon the death of the principal, although a durable POA continues all the way to the demise. A durable POA is often used to when principals are terminally ill and ask the attorney-in-fact to discontinue any life-saving equipment for them. This type of POA gets immediately effective. For more information about getting a power of attorney form, please visit this website.

Limited or Special POA

This type of POA is used for particular cases, and is used mainly with non-durable power of attorney. It is often simply applied to a particular property sale or financial dealings. Although, if there is appointment of an attorney-in-fact, they lack any control over any aspect of the life of a principal other than the area that they are given charge of. Any other form of Power of Attorney is referred to as the General Attorney, and applies to a principal's dealings and affairs. Please visit this site to get a sample North Carolina power of attorney.

Author Resource:-

Carl writes often about legal drafting, rental lease agreements, power of attorney form sand help the people in such needs. You can find his thoughts at special power of attorney blog. To learn more about drafting an Ohio power of attorney online, visit this website.