![]() Legally, these powers are known as “powers of attorney,” but your Agent is not required to have any legal training, a family connection, or other roles in your Estate. Other “lawyer drafted” POAs can be more than 30 pages long. In that paper, you assign specific powers to your Agent. It is a piece of paper, often a two or three-page form easily downloaded from the internet (see below), which you sign in front of a notary. Let’s start by explaining that a “Power of Attorney” has nothing to do with attorneys. But if used improperly, abused, or given in too high a dose, a POA can do irreparable harm. Used properly, and in the right dosage, it can get you through difficult times. Think of a POA like a potent prescription drug. They have the authority to buy and sell properties in your name-and much more, depending on the boxes you may have hastily ticked on a California Power of Attorney form. They can move your money where they like. Please proceed with caution: A POA can be absolutely necessary or extremely risky…or both! Your designated Agent or “Attorney-in-Fact” can sign documents that obligate you to things. ![]() This means that they can have the legal power to act as if they were you and do all sorts of important stuff on your behalf. When you give someone a “Power of Attorney” (POA) you are giving them “agency authority:” the power to act in your name. Special Needs Attorneys & Special Needs Trustsĭo I need a Power of Attorney (POA) to take care of my parents? How to get Power of Attorney in California? What are the dangers in giving someone a Power of Attorney? How can I limit a Power of Attorney? What is a Durable Power of Attorney California (DPOA)? What is a General Power of Attorney? What is a Springing Power of Attorney, and Limited Power of Attorney California? Can I delay the date a Power of Attorney becomes effective? What is the difference between a Power of Attorney and a Conservatorship? How do I apply for a Conservatorship? What triggers a Conservatorship? By James L.Elder Law, Elder-Care, Medi-Cal Planning.CA Prop 13 Protection & Prop 19 Strategy.Real Estate Transactions & Dispute Resolution.Tax Planning, Estate Taxes, Charitable Trusts.
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