A Durable Power of Attorney Can Prevent a Conservatorship

A power of attorney is a legally binding device that is used across the legal field for multiple different purposes. You would utilize a power of attorney to give someone else the power to act on your behalf in a legally binding fashion. The person who is creating the power of attorney is called the principal or the grantor of the device. The grantor names an agent or attorney-in-fact. This person is given the power to act on behalf of the grantor. There are different types of powers of attorney. Let s look at some of them, with an emphasis on the durable power of attorney. General Power of Attorney When you create a general power of attorney, you give your agent sweeping power to act on your behalf. For the most part, the agent could enter into any agreement that you could enter into for yourself. This is a great deal of latitude to give another person. You should certainly be very discerning when you are granting a general power of attorney. However, there can be reasons why you sim


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