Attorneys Henderson NV

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.

Marc Gordon Blatt
(818) 414-3464
Po Box 777340
Henderson, NV
Education
Univ of California at Los Angeles,Loyola Law School
State Licensing
California

Arthur L. Allen
440 Pelican Bay Court
Henderson, NV
State Licensing
Arkansas

James F. Lisowski Sr.
(702) 737-6111
155 N Gibson
Henderson, NV
Education
U Of Ark-Little Rock
State Licensing
Wisconsin

Lucas Marshall Foletta
2050 W Warm Springs Rd, Unit 721
Henderson, NV
Education
Wake Forest Univ SOL,Univ of Southern Calif
State Licensing
California

Arthur Orestis Morris
(702) 450-7152
1652 Britannia Ave
Henderson, NV
Education
Southwestern Univ SOL,California St Univ
State Licensing
California

Sharon Ann Gerber Dickinson
2127 Mooreview St.
Henderson, NV
State Licensing
Missouri

Greg M. Rice
(314) 824-5055
1528 W. Warm Springs Rd., Ste 120-H
Henderson, NV
State Licensing
Illinois

Valarie P Clifton
(702) 220-8140
246 JUMPING SPRINGS PL
HENDERSON, NV
Education
Arizona State University
State Licensing
Arizona

Gustavo Cruger
Po Box 777834
Henderson, NV
Education
UC Davis SOL King Hall,San Diego State Univ
State Licensing
California

Erica Nicole Botts
(702) 283-6464
2245 N Green Valley Pkwy # 619
Henderson, NV
Education
Stetson University College of Law
State Licensing
Florida

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.

__________________________________

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.


Set as favorite Bookmark Email this Comments (0) Add Comment feedSubscribe to this comment's feed
Write comment You must be logged in to post a comment. Please register if you do not have an account yet. busy

Click here to read more from Single Edition