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Attorneys Reno 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.

William Ramsey Reed
100 W Liberty St Ste 600
Reno, NV
Education
UNIV TN
State Licensing
Tennessee

Karen Diane Palmer
(775) 785-5704
299 S Arlington Ave
Reno, NV
Specialties
Health Care, Fraud, Elder Law, General Practice, Litigation
State Licensing
Washington

Thomas Peter Beko
(702) 786-3930
P O Box 3559
Reno, NV
Education
McGeorge SOL Univ of the Pacific,Univ of Nevada
State Licensing
California

James Shields Beasley
(702) 329-6852
435 Court St
Reno, NV
Education
U of San Francisco SOL,Univ of San Francisco
State Licensing
California, Colorado

Treva J Hearne
(775) 329-5800
245 E Liberty St #110
Reno, NV
Education
Indiana State Univ,Univ of Missouri SOL
State Licensing
California

Tina Chang
(775) 682-9078
Office 4066
Reno, NV
Education
U Of Wisconsin
State Licensing
Wisconsin

William Atkinson S Magrath II
(775) 788-2000
100 W Liberty St 10th Fl
Reno, NV
Education
McGeorge SOL Univ of the Pacific,Univ of Nevada
State Licensing
California

Kathleen T Breckenridge
(775) 786-5055
462 Court St
Reno, NV
Education
McGeorge SOL Univ of the Pacific,Univ of Nevada
State Licensing
California

Matthew Christopher Addison
(775) 788-2000
100 W Liberty St 10fl, Po Box 2670
Reno, NV
Education
Santa Clara Univ SOL,Univ of California at Los Angeles
State Licensing
California

John Joseph Gezelin
(702) 323-9094
436 Court St
Reno, NV
Education
McGeorge SOL Univ of the Pacific,Univ of Nevada
State Licensing
California

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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