Attorneys Eagle River AK

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.

Linda L Richardson
(907) 552-4780
6212 MAGNAVIEW DR
EAGLE RIVER, AK
State Licensing
Maryland

Juliana Rinehart-Cobb
PO Box 770824
Eagle River, AK
State Licensing
North Carolina

Raymond Scott Bridges
(907) 726-2999
Po Box 771881
Eagle River, AK
Specialties
General Practice
State Licensing
Washington

Heather Noel Robertson
19143 Sarichef Loop
Eagle River, AK
Education
UC Davis SOL King Hall,Miami Univ
State Licensing
California

Bradley Edward Meyen
Po Bix 672578
Chugiak, AK
State Licensing
Missouri

James R Dunn
(907) 694-3066
11813 Birch Hills Drive
Eagle River, AK
State Licensing
DC

Teresa Ann Jenkins Robison
19311 Verdant Circle
Eagle River, AK
State Licensing
Arkansas

Susan Lee Zuckerman Bailar
(907) 428-6020
Po Box 772803
Eagle River, AK
State Licensing
Maryland

Afton Elizabeth Ekemo
(425) 829-8051
20230 Raven Dr
Eagle River, AK
State Licensing
Washington

Greg Jon Mick
(907) 351-5056
22443 Sambar Loop
Chugiak, AK
State Licensing
Michigan

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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