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STAB AGENCY Shirley St. Pierre / Statutory Agent P. O. Box 942 / 259 Goose Hill Road Jefferson, Me 04348 8006488805 / 2075497541 / Fax: 2075497638 info×staabagency.registration INFORMATION As a Statutory

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How to fill out limited power of attorney

01

Step 1: Start by identifying the parties involved in the limited power of attorney. This includes the principal (the person granting the power) and the agent (the person receiving the power).

02

Step 2: Clearly define the scope of the power being granted. Specify the specific actions or decisions the agent is authorized to take on behalf of the principal.

03

Step 3: Include any limitations or restrictions on the agent's authority. This could include time constraints, specific tasks, or any other conditions.

04

Step 4: Clearly state the duration of the power of attorney. Specify whether it is limited to a specific timeframe or event, or if it will remain in effect until revoked by the principal.

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Step 5: Include any additional provisions or instructions relevant to the power of attorney.

06

Step 6: Have the power of attorney document properly executed according to your jurisdiction's requirements. This may involve signing in the presence of witnesses or a notary public.

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Step 7: Keep a copy of the executed power of attorney for your records, and provide copies to all relevant parties involved.

Who needs limited power of attorney?

01

Anyone who wants to grant someone else limited authority to act on their behalf can benefit from a limited power of attorney.

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This may include situations where the principal is unable to personally handle certain matters due to illness, absence, or other circumstances.

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Examples of individuals who may need a limited power of attorney include individuals undergoing medical treatments, frequent travelers, or those who need assistance with specific financial or legal transactions.

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It provides a legal framework to ensure that the agent has the necessary authority to act on behalf of the principal, while still maintaining some level of control and limitations.

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