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Attorneys Ashland KY

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.

Emily J. Click
(606) 329-2929
1544 Winchester Avenue, 5th Floor
Ashland, KY
Education
University of Toledo
State Licensing
Ohio

Jami Kay Suver
(606) 408-5123
Legal Services Department, 2201 Lexington Ave.
Ashland, KY
Education
George Washington University
State Licensing
Ohio

Stanley Newton Parker
(727) 595-5553
2107 Carter Ave # 9
Ashland, KY
Education
Capital University Law School
State Licensing
Florida

Christopher Alan Conley
(606) 329-1974
1608 Carter Avenue, P. O. Box 1862
Ashland, KY
Education
Capital University
State Licensing
Ohio

Anna Holmes Ruth
(606) 325-7179
Po Box 185
Ashland, KY
Education
University of Kentucky College of Law
State Licensing
Florida

Jeremy Ryan Morris
(606) 408-4706
2201 Lexington Ave
Ashland, KY
Education
University of Akron
State Licensing
Ohio

Ernest Morris Pitt Jr.
(606) 324-5136
1500 Carter Avenue
Ashland, KY
Education
University of Memphis
State Licensing
Ohio

Gregory Lee Monge
(606) 329-2929
Box 1111 1544 Winchester Ave., 5th Floor
Ashland, KY
State Licensing
Illinois

David Frederick Latherow
(606) 329-1919
Box 2008, 1505 Carter Avenue #200
Ashland, KY
Education
Ohio Northern University
State Licensing
Ohio

Leigh Gross Latherow
(606) 329-2929
1544 Winchester Ave.,5th Floor, P.O. Box 1111
Ashland, KY
Education
University of Kentucky
State Licensing
Ohio

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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