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What is a Power of Attorney form?

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Quick Answer

A power of attorney form is the official paper that grants another individual the rights to make decisions regarding financial and property matters, according to the Minnesota Judicial Branch. The person on the form exonerating legal rights is the principal, and the grantee of rights is the attorney-in-fact.

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Full Answer

Different power of attorney forms are based on demarcation of power, according to the Office of the Minnesota Attorney General. General power grants all decision-making powers to the attorney-in-fact, and limited power designates certain powers only to the attorney-in-fact. A power of attorney form requires validation by a notary public and must be specific in nature.

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Related Questions

  • Q:

    What does power of attorney mean?

    A:

    A power of attorney is a legal document that gives one person, the attorney-in-fact, certain legal rights in the name of someone else, the principal, according to the Connecticut Network for Legal Aid. The attorney-in-fact, who has been given this power by the principal, may legally act on his behalf.

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  • Q:

    How do you rescind a power of attorney?

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    Rescinding a power of attorney involves writing a notarized statement, notifying the person in writing who previously had that power, and filing the statement with the county clerk in any county containing affected property. A party must be competent to revoke this power, notes Utah Legal Services.

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  • Q:

    Where can I find a blank power of attorney form?

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    A blank power of attorney form is available from websites that provide legal documents, such as PowerofAttorney.com or Tidy Form. A power of attorney form authorizes an adult to represent another person to handle personal affairs and legal matters, according to Tidy Form.

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  • Q:

    What is an elder law attorney?

    A:

    An elder law attorney specializes in legal matters that affect older or disabled people. The majority of his work includes planning long-term care, health care issues, guardianship and retirement, according to FindLaw.

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