Attorneys Leitchfield 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.

Julia Hawes Gordon
(270) 684-5757
121 West Second Street P.O. Box 1146
Owensboro, KY
State Licensing
Illinois

Stephen Matthew Venard
(859) 291-3533
463 Commonwealth Ave
Erlanger, KY
Education
Northern Kentucky University
State Licensing
Ohio

Kenneth V. Anderson Jr.
(270) 444-0374
700 Kentucky Auenue
Paducah, KY
State Licensing
Illinois

Katherine R. Bruenderman
(513) 371-8425
P.O. Box 1714
Newport, KY
Education
Northern Kentucky University
State Licensing
Ohio

Keith Alan Nagle
1914 Cumberland Ave, Po Box 248
Middlesboro, KY
Education
Univ of KY
State Licensing
Tennessee

Onita N. Noffke
(859) 623-9200
415 Leighway Drive Suite #26
Richmond, KY
State Licensing
Illinois

Amanda Pope Thompson
(859) 223-1820
2365 Harrodsburg Rd, Ste A200
Lexington, KY
Education
University of Kentucky
State Licensing
Ohio

Nancy Hils Igel
9084 Alyssum Court
Covington, KY
Education
Northern Kentucky University
State Licensing
Ohio

Steven Charles Martin
(859) 426-1300
541 Buttermilk Pike, P.O. Box 175710
Covington, KY
Education
Northern Kentucky University
State Licensing
Ohio

Sharlene Wanda Boltz
(859) 572-5358
Rm 528, Nunn Hall
Highland Heights, KY
Education
University of Michigan
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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