Attorneys South Burlington VT

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.

Jonathan Hromi
(216) 534-2237
5 Olde Orchard Park, #534
South Burlington, VT
State Licensing
Massachusetts

Bridgette Hickey Parascando
Suite 103, 70 Kimball Avenue
So Burlington, VT
State Licensing
Connecticut

Nicholas J. Schwab
(617) 820-8745
4 Olde Orchard Park, #442
South Burlington, VT
State Licensing
Massachusetts

Vaughn A Carney
Pmb 239 150 Dorset St
S Burlington, VT
State Licensing
DC

Kevin Michael Henry
(802) 864-0880
150 South Champlain Street, Po Box 1489
Burlington, VT
State Licensing
Virginia

Marion J Ely
-01131703633303
13 Wealthy Ave
S Burlington, VT
State Licensing
Maryland

Martin James Lalonde
(802) 863-3086
304 Four Sisters Road
South Burlington, VT
State Licensing
Illinois

Dennis James Johnson
(802) 862-0030
Johnson & Perkinson, 1690 Williston Rd
S Burlington, VT
State Licensing
Pennsylvania

Joe Horn Mount
(802) 288-7690
70 Kimball Ave # 139
South Burlington, VT
Education
Vanderbilt University Law School
State Licensing
Florida

Kimberly J Tyrrell-Knott
(802) 859-6193
GE Healthcare, 40 Fox Drive
South Burlington, VT
State Licensing
Massachusetts

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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