What Is a Power of Attorney? - PowerPoint PPT Presentation

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What Is a Power of Attorney?

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Title: What Is a Power of Attorney?


1
What is a Power of Attorney?
Frequently Asked Questions, Answers And Options
2
Powers of Attorney
3
What is a power of attorney?
4
Adults have the right to let others represent
their interests
5
A power of attorney is a document through which
you give others the legal ability to represent you
6
Power of Attorney Choices
7
What kinds of powers can I give?
8
You can create a power of attorney to allow
others to do almost anything
9
Mostly, people create powers of attorney that
either give someone else financial decision
making rights, or health care decision making
rights
10
Agents
11
Who will represent my interests?
12
You can choose any willing and capable adult, or
organization, to represent you THROUGH A POWER OF
ATTORNEY
13
You can choose any willing and capable adult, or
organization, to represent you THROUGH A POWER OF
ATTORNEY
This person is called an agent OR AN
ATTORNEY-IN-FACT
14
Limits
15
What is a general power of attorney?
16
A general power of attorney grants the broadest
possible authority to your agent
17
All powers that restrict the kinds of decisions
your agent can make are known as LIMITED POWERS
18
Durability
19
What is a durable power of attorney?
20
Durable powers let your agent make choices for
you after you lose the ability to make choices
21
NON-DURABLE POWERS terminate an agents authority
as soon as you, the principal, become
incapacitated
22
Termination
23
Can I fire an agent?
24
ABSOLUTELY
25
Your agent works for you at your pleasure
26
If you want to terminate the agents authority
under the power of attorney, you can do so at any
time
27
Other Options
28
What else do I need to know about powers of
attorney?
29
There are a lot of choices available to you when
you make these documents
30
There are a lot of choices available to you when
you make these documents
Talk to your estate planning lawyer about the
options you have and the legal requirements
involved in making powers of attorney
31
Learn More About Florida POWER OF ATTORNEY
32
Robert J Kulas, PA Attorneys at Law
www.kulaslaw.com
(772) 398-0720
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