An important part of lifetime planning is the Power of Attorney.

An important part of lifetime planning is the Power of Attorney.

by: Jeffrey Broobin

An important part of lifetime planning is the Power of Attorney. Valid in all states, these documents give one or more persons the power to act on your behalf. The power may be limited to a particular activity (e.g., closing the sale of your home) or general in its application, empowering one or more persons to act on your behalf in a variety of situations. It may take effective immediately or only upon the occurrence of a future event (e.g., a determination that you are unable to act for yourself). The latter are “springing” Powers of Attorney. It may give temporary or continuous, permanent authority to act on your behalf. A power of attorney may be revoked, but most states require written notice of revocation to the person named to act for you. wills - probate law
The person named in a Power of Attorney to act on your behalf is commonly referred to as your “agent” or “attorney-in-fact.” With a valid Power of Attorney, your agent can take any action permitted in the document. Often your agent must present the actual document to invoke the power. For example, if another person is acting on your behalf to sell an automobile, the motor vehicles department generally will require that the Power of Attorney be presented before your agent’s authority to sign the title will be honored. Similarly, an agent who signs documents to buy or sell real property on your behalf must present the Power of Attorney to the title company. The same applies to sale of securities or opening and closing bank accounts. However, your agent generally should not need to present the Power of Attorney when signing checks for you.

Why would anyone give such sweeping authority to another person? One answer is convenience. If you are buying or selling assets and do not wish to appear in person to close the transaction, you may take advantage of a Power of Attorney. Another important reason to use Powers of Attorney is to prepare for situations when you may not be able to act on your own behalf due to absence or incapacity. Such a disability may be temporary (e.g., due to travel, accident, or illness) or it may be permanent.

If you do not have a Power of Attorney and become unable to manage your personal or business affairs, it may become necessary for a court to appoint one or more people to act for you. People appointed in this manner are referred to as guardians, conservators, or committees, depending upon your local state law. If a court proceeding, sometimes known as intervention, is needed, than you may not have the ability to choose the person who will act for you. With A Power of Attorney, you choose who will act and define their authority and its limits, if any.

What if I move? Generally, a Power of Attorney that is valid when you sign it will remain valid even if you change your state of residence. Although it should not be necessary to sign a new Power of Attorney merely because you have moved to a new state, it is a good idea to take the opportunity to update your Power of Attorney.

Will my Power of Attorney expire? Some states used to require renewal of Powers of Attorney for continuing validity. Today, most states permit a “durable” Power of Attorney that remains valid once signed until you die or revoke the document. However, you should periodically meet with your lawyer to revisit a Power of Attorney and consider whether your choice of agent still meets your needs and learn whether developments in state law affect your Power of Attorney. Probate attorney

The opinions, statements and information contained and expressed in the foregoing article are solely those of the author. No position for or against, agreeing with or disagreeing with anything contained in said article is taken by US Attorneys Directory.com. We do not assume or accept any liability for the use of the information contained herein. This article is published solely as a service to attorneys, lawyers and the internet community. Anyone who does not accept this disclaimer is not authorised to read or use this article in any way.

Finding a Reliable Electrician

“What To Do When You Absolutely Have to have The Top City Electrician

At A Good Price So You Can Stay clear of Getting Cheated”

How much of a difference would it mean to your home or business to have any electrical task you need executed to be totally up to code and look astounding. And here it is… five MUST HAVE traits needed for the greatest electrician for your job. See more on this website

MUST HAVE #1. They must be trained and licensed. Not all carriers are the same. From self appointed skilled handyman being employed on any odd jobs, to the educated specialist who is held to a higher standard by regulating bodies. All our staff are certified electricians and require ongoing continuing education hands on classes. They are master craftsmen whose knowledge have been subjected to testing before they at any time work on a customer’s dwelling or office. Your electrician ought to have underwent a rigorous background analysis, narcotic screening, and abilities testing, just so you know you are getting a real expert.

Residential Electrician
Electricians

MUST HAVE #2. They have to be sticklers for the rules. Not being up to code not only risk the basic safety of you and your loved ones, but it can also cost you having the job carried out a 2nd time. You may also be subject to fines or penalties. We strictly adhere to, and abide by the local and national electrical codes as dictated by the National Electrical Code, which is the standard for the secure installation of electrical wiring and equipment.

MUST HAVE #3. They need to give you up front costs. Regrettably, electrical contractors have won as awful a reputation as crooked mechanics for overpricing and up selling expert services that are certainly not wanted. Our electricians are both sincere and experienced. We have seen it all and done it all. We can give you a free estimation for any task that is just about always correct.

MUST HAVE #4. Deliver on time services. You’re busy, and your time is precious. So having to hang on on any electrical contractor simply isn’t appropriate. We will work with you to come across a time that fits your schedule and then meet our deadline.
MUST HAVE #5. Stand by your work. Our company continues to mature for one basic reason. We provide quality work that fulfills your expectations. Word of mouth about our good work is the critical element to our success. As a matter of fact, we encourage you to speak to everyone about the level or work our electricians did for you.

Electrician
Listen, we would appreciate the chance to provide you with the professional electrical work you are looking for. You have completely nothing to loose by chatting to our electricians and seeing precisely what to anticipate for your project. So pick up the phone and talk to one of our qualified electricians to get a totally free estimation and schedule an appointment. Listed here are some of our many residential electrical services: No Job is Too Big Or Small For Best D Electricians.Call Today To Have Best Texas Electricians Solve All Your Electrical Needs.