This general power of attorney form, which has been prepared and approved by lawyers, grants an agent authority to manage the whole cross section of your legal and financial affairs. This could include managing property, running a small business, dealing with accounts in your name, and so on. The power granted to your agent ceases if you become incapacitated.
The form comes complete with step-by-step instructions on completing your general power of attorney; and will allow you to make a general power of attorney quickly and easily without the need or expense of engaging your own lawyer.
The form will enable you to:
- Appoint someone to manage your financial affairs.
- Protect and safeguard assets.
- Have peace of mind.
- And much more.
A general power of attorney is used to appoint an agent to manage the whole cross section of your legal and financial affairs. This could include managing property, running a small business, dealing with accounts in your name, and so on.
Given the scope of the agent’s authority, general powers of attorney like this are most often granted to family members, trusted business advisers and close friends.
If you want to limit the authority of your agent, you should make a “limited” power of attorney, rather than a “general” power of attorney.
The authority granted to your agent can come into effect immediately, on the occurrence of a specific event or on a specific date. It will normally come to an end on a specific date, on the occurrence of a specific event, if you become incapacitated, if you die or if you revoke the power of attorney by serving a notice of revocation on your agent (and, for good measure, on each person who has a copy of your power of attorney document).
Only specific types of powers of attorney, known as durable powers of attorney, survive you becoming incapacitated.
This General Power of Attorney for Finance and Property is a downloadable form. It comes complete with instructions on how to fill in the form and sign it.
** Recommendation: If you are not completely familiar with making a powers of attorney, we recommend that you purchase our Power of Attorney Kit instead. The kit not only contains all the forms necessary for you to make a general power of attorney but also includes a detailed overview of all of the items you need to consider when making a power of attorney.
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