What is Special Power Of Attorney Form?
A Special Power of Attorney form is a legal document that grants someone the authority to act on behalf of another person for specific matters or transactions. It is commonly used when the person granting the power of attorney (the principal) is unable to personally handle certain affairs or wants someone to act on their behalf.
What are the types of Special Power Of Attorney Form?
There are several types of Special Power of Attorney forms that can be used depending on the specific situation. The most common types include:
Financial Power of Attorney: This grants someone the authority to make financial decisions and handle financial matters on behalf of the principal.
Medical Power of Attorney: This grants someone the authority to make medical decisions on behalf of the principal.
Real Estate Power of Attorney: This grants someone the authority to handle real estate transactions on behalf of the principal.
Limited Power of Attorney: This grants someone the authority to carry out a specific task or transaction on behalf of the principal.
How to complete Special Power Of Attorney Form
Completing a Special Power of Attorney form involves the following steps:
01
Identify the parties involved: Clearly state the names and contact information of the principal and the person being granted the power of attorney.
02
Specify the powers granted: Clearly describe the specific powers that are being granted to the person acting on behalf of the principal.
03
Sign and date the form: Both the principal and the person being granted the power of attorney must sign and date the form in the presence of witnesses or a notary public.
04
Keep copies: Make copies of the completed form for all parties involved for their reference and records.
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