| What is
Power-of-Attorney?
An important part of a properly set up
Living Trust is that a lifetime planning issue be addressed called the
Power of Attorney. Valid in California and all states, these documents
give one or more persons the power to act on your behalf.
The power may
be limited to a particular activity (e.g., closing the sale of your
home) or general in its application, empowering one or more persons to
act on your behalf in a variety of situations. It may take effective
immediately or only upon the occurrence of a future event (e.g., a
determination that you are unable to act for yourself). The latter are
"springing" Powers of Attorney.
It may give temporary or continuous,
permanent authority to act on your behalf. A power of attorney may be
revoked, but most states require written notice of revocation to the
person named to act for you.
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