The “Power of Attorney” is the name given to a legal document that specifies that one individual has been appointed by another person to act on behalf of the latter. The authority provided to that individual depends on the type of Power of Attorney that is being used. If you would like to create Power of Attorney documents too, here are 3 types that you can choose from. For more information about getting a power of attorney form in Alabama, please visit this website.
Limited Power of Attorney
It provides authority to the appointed person for a particular act, such as selling a home, managing a property etc. As the name indicates, it offers limited powers to the delegate who is appointed to bear the responsibilities authorized.
General Power of Attorney
Generally, this provides the appointed person or delegate with a wide range of powers to carry out something on behalf of the person who creates the Power of Attorney. Often, these are used for listing the activities that you want your appointed person to carry out.
Durable Power of Attorney
It needs to consist of special words that can offer power to the appointed individual to survive principal incapacity. This comes to effect immediately after it is signed by the principal, unless it mentions specific conditions – although the conditions need to be within the laws of the state where it is enforced. This type of Power of Attorney was developed as both General and Limited Power of Attorney (POA) can be terminated in case the principal or the person creating the POA gets disabled or unable to perform duties in some way.
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