Attorneys Signal Mountain TN

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.

Nancy E. Reynolds O'Quinn
(423) 886-0012
610 Timberlinks Drive
Signal Mountain, TN
Education
University of Houston
State Licensing
Georgia

Stephany Skaggs Pedigo
Po Box 327
Signal Mountain, TN
Education
CUMBERLAND
State Licensing
Tennessee

Wallace Mcroy Davies
P.O. Box 245
Signal Mountain, TN
Education
Univ Of Virginia
State Licensing
Tennessee

Robert Elbert Cooper
196 Woodcliff Cir
Signal Mountain, TN
Education
Vanderbilt
State Licensing
Tennessee

Alix Christian Michel
(423) 757-0223
211 Grayson Rd
Signal Mountain, TN
Education
University of Miami School of Law
State Licensing
Florida

William Marshall Weller
(423) 886-0782
Canyon View, Unit 512, 488 Alexian Way
Signal Mountain, TN
Education
John Marshall (Atlanta)
State Licensing
Georgia

Margaret Ashley Phlegar
(423) 886-2087
113 River Point Road
Signal Mountain, TN
Education
University of Georgia
State Licensing
Georgia

Joseph Fountain Timberlake
410 N Palisades Dr
Signal Mountain, TN
Education
UNIV TN
State Licensing
Tennessee

David Werner Schmidt
424 Hampton Rd, Po Box 654
Signal Mountain, TN
Education
S IL UNIV
State Licensing
Tennessee

Timothy Allen Deere
Po Box 708
Signal Mountain, TN
Education
UNIV MEMPHIS
State Licensing
Tennessee

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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