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Attorneys Ardmore OK

I'll assume the phrase "power of attorney plus" is akin to a durable power of attorney as it relates to the term nondurable power of attorney. The former is a general authorization for a person's ("principal's") designated person ("agent") to act for or on behalf of the principal. Contrary to a nondurable power of attorney, which is used for a specific transaction, a durable power of attorney is broad in scope and is in effect until revoked by the principal, or upon that principal's death.

Jessica Teddy Brown
(580) 223-4174
1550 Knox Road
Ardmore, OK
Education
Texas Tech University
State Licensing
Texas

Jeffrey Scott Moen
(580) 224-6205
2510 Sam Noble Parkway
Ardmore, OK
Education
Southern Methodist University
State Licensing
Texas

Ronald Eugene Worthen
#11 N. Washington
Ardmore, OK
State Licensing
Arkansas

Veazey, John S - Thompson Cawley Veazey & Burns
(580) 223-3020
422 2nd Ave NW
Ardmore, OK

Data Provided by:
John H Sparks
(304) 720-5546
2350 Mckown Drive
Norman, OK
State Licensing
DC

Warren Edward Mouledoux III
(580) 223-6766
920 Bixby St.
Ardmore, OK
Education
Loyola University New Orleans
State Licensing
Texas

Polly Murphy
(580) 223-2244
1022 Northwest Blvd
Ardmore, OK
Education
University of Oklahoma
State Licensing
Texas

Hisey & Landgraf
(580) 226-6270
333 W. Main St.
Ardmore, OK
Specialties
Business, Estate Planning, Probate, Family Law, Collections, Litigation
Education
J.D.
State Licensing
Oklahoma Bar Member
Professional Memberships
Attorney

Carol Sorensen
(405) 235-4100
101 N. Robinson Ste 1300
Oklahoma City, OK
Specialties
Real Estate-Business
Education
Undergraduate : University of Oklahoma
Law School : Oklahoma City University


Data Provided by:
Maurice Taylor Watson Jr
1899 Saddleback Blvd Apt 41
Norman, OK
Education
Western State Univ,Kalamazoo Coll
State Licensing
California

Data Provided by:

Defining Terms

Q: Can you please explain the difference between Power of Attorney and Power of Attorney Plus

 

I'll assume the phrase "power of attorney plus" is akin to a durable power of attorney as it relates to the term nondurable power of attorney. The former is a general authorization for a person's ("principal's") designated person ("agent") to act for or on behalf of the principal. Contrary to a nondurable power of attorney, which is used for a specific transaction, a durable power of attorney is broad in scope and is in effect until revoked by the principal, or upon that principal's death.

An example of use for a nondurable power of attorney is when one needs to close on a sale of a residence or business and is traveling abroad or is not otherwise available to attend. An agent (often an attorney) is given a notarized nondurable power of attorney to facilitate execution of that transaction. An example of a durable power of attorney is when the principal is not physically or mentally competent to make a decision, and prior to reaching that state (or by court order) authorizes an agent to act on their behalf.

While an agent is obligated to act in the principal's best interests, one must be careful as a power of attorney is a powerful document that can be abused, particularly durable powers of attorney. Indeed, an unscrupulous agent can abuse that authority and transfer the principal's assets or property to themselves or others. Make sure the agent is trustworthy, and provide for an auditing mechanism by you or a disinterested third party where feasible to help ensure that all is handled properly. Also remember that different jurisdictions have different rules for powers of attorney, so the assistance of council is recommended.

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DISCLAIMER: This publication is distributed with the understanding that it does not constitute legal advice or establish an attorney/client relationship by way of any information contained herein. The information provided is for general purposes only, as readers are advised to consult with a qualified lawyer regarding the specifics of their particular circumstances.


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