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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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