Can You Laminate A Power Of Attorney

A power of attorney poa is one of the most powerful and potentially risky documents one can sign.

Can you laminate a power of attorney.

It is possible for two people to have power of attorney poa over the same person simultaneously particularly if the principal indicates the request in the document itself. Dear patrice no signing for your mom s bills in the capacity of power of attorney absolutely does not make you liable for her debts. Each state has its own laws about powers of attorney. Healthcare decisions investments property.

Can two people have the power of attorney for the same person. A principal can allow their attorney in fact to make any of their decisions using a general power of attorney or some of their. If you have power of attorney for someone and you expect to be managing their ss or ssi payments you must apply to become that person s representative payee. If you give them broad access they may be able to do almost anything.

A power of attorney poa is a legal document that gives someone else the authority to handle business or financial matters on your behalf. You do need to be careful however. Do not take this decision lightly and make sure you have all of the. You can create a poa yourself as long as it fulfills your state s requirements or you can use an online service provider to create the document.

You are generally also able to name a medical power of attorney someone who knows your wishes and can make health care decisions for you as a proxy. A power of attorney can be a powerful document yet it is often the last thing people think about in their estate planning. By larissa bodniowycz j d. It gives a third party agent the ability to control the assets of the principal as if the agent were the principal depending on how broad the poa is that could mean anything from controlling one s financial accounts to controlling everything.

The power of attorney can only do what you specify when you fill out the power of attorney form. A power of attorney is a document that gives one person the attorney in fact the legal authority to act on behalf of another person the principal and make decisions when the principal is unable to do so in areas such as real estate business finance and more. For example if you grant someone financial power of attorney so that person can manage your finances while you are on vacation you can include a clause in the document that terminates the agent s right to act as soon as you return. You can also end a power of attorney anytime you choose as long as you remain mentally.

This may also be called a health care proxy.