Attorneys Rock Springs WY

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.

Stan Decker Cannon
(307) 362-6868
519 Wasatch Cir
Rock Springs, WY
State Licensing
Colorado

George Emil Lemich
(307) 382-6600
205 C Street
Rock Springs, WY
State Licensing
Colorado

Marc T. Dedenbach
(307) 872-3830
80 W Flaming Gorge Way Ste 21
Green River, WY
State Licensing
Michigan

Sarah Grams Robison
(307) 872-6345
P.O. Box 310
Green River, WY
State Licensing
Colorado

Clark Stith & Assoc
(307) 382-5565
505 Broadway
Rock Springs, WY

Data Provided by:
John Ralph Prokos
(307) 922-5269
731 C St Ste 500
Rock Springs, WY
State Licensing
Michigan

Clark Douglas Stith
(307) 382-5565
505 Broadway St
Rock Springs, WY
Education
Georgetown Univ Law Ctr,Univ of Kansas
State Licensing
California

D. Richard Helson
(517) 819-1611
Po Box 1018
Green River, WY
State Licensing
Michigan

Charles Barnum Law Office
(307) 382-7500
455 Broadway St
Rock Springs, WY

Data Provided by:
Noah Benjamin Novogrodsky
(307) 766-6448
1000 E University Ave, Dept 3035
Laramie, WY
Education
Yale Law School,Swarthmore Coll
State Licensing
California

Data Provided by:

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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