Attorneys Fairbanks 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.

Carrie L Stewart
(907) 356-9489
1372 Normandy Ct
Ft Wainwright, AK
Specialties
General Practice
State Licensing
Washington

Michael J. Mchugh
(907) 353-2698
Fort Wainwright Law Center, 1050 Gaffney Rd # 5700 Bldg 1562
Fort Wainwright, AK
Education
New York U
State Licensing
Wisconsin

John Foster Wallace
(907) 452-2211
Ste 202, 711 Gaffney Road
Fairbanks, AK
State Licensing
Maryland

Mamie S Brown
(907) 452-9321
Law Clerk For The Honorable Robert B. Downes, 101 Lacey St
Fairbanks, AK
State Licensing
Washington

Shelby Boulet Mathis
(907) 452-1666
100 Cushman St Ste 311
Fairbanks, AK
Education
University of Miami School of Law
State Licensing
Florida

Michael Routhier
(907) 361-9688
PO Box 35514
Fort Wainwright, AK
State Licensing
Massachusetts

William Anthony Obringer
(609) 760-2909
1812 1051 Ste 8 Gaffin R2
Fort Wainwright, AK
State Licensing
Pennsylvania

Nicholas J.R. Gasca
(907) 452-5181
1648 S Cushman St Ste 300
Fairbanks, AK
State Licensing
Washington

Christopher E. Zimmerman
(907) 452-2211
Zimmerman & Wallace, 711 Gaffney Rd Ste 202
Fairbanks, AK
State Licensing
Pennsylvania

Amanda Eklund
(907) 590-0429
315 Cindy Dr
Fairbanks, AK
State Licensing
Washington

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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