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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.

Stephen Greg Castronova
(775) 323-2646
555 S Center St
Reno, NV
Education
Santa Clara Univ SOL,Univ of California Santa Barbara
State Licensing
California

Micheline Noel Nadeau Fairbank
(775) 333-0400
50 W Liberty St Ste 700
Reno, NV
Education
Willamette Univ COL,Western St Coll
State Licensing
California

Gabriel Nathan White
(775) 686-5919
Chambers Of Hon. Edward Reed, 400 South Virginia St #606
Reno, NV
Education
Uc Hastings Col,Amherst Coll
State Licensing
California

Peter Chase Neumann
(775) 786-3750
136 Ridge Street
Reno, NV
State Licensing
Nevada

Sean Michael Mcguinness
(775) 823-2900
Bank of America Plaza, 50 W Liberty St., Ste. 410
Reno, NV
State Licensing
Colorado

Dan C Maloney
(775) 784-5626
201 W Liberty St Ste 102
Reno, NV
State Licensing
Oregon

John Freidrick Kirsch
(775) 348-2666
432 Court St
Reno, NV
Education
California Western SOL,San Diego State Univ
State Licensing
California

Aaron Richard Squires
(775) 785-2300
1 E Liberty St 3rd Fl
Reno, NV
Education
Pepperdine Univ SOL,Univ of Nevada
State Licensing
California

Robert Rene Hager
(775) 329-5800
245 E. Liberty, Suite 110
Reno, NV
State Licensing
Colorado

Matthew Allen Gray
(775) 788-2000
100 W Liberty St Fl 10th
Reno, NV
Education
U of San Francisco SOL,Oregon St Univ
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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