What Are Some Common Types Of Durable Powers Of Attorney Forms?

Durable power of attorney is a document used by a principal to authorize an agent to make legal decisions on their behalf. The powers are reserved in place until demise, and lets agents or attorney-in-fact to execute duties on behalf of principals. Know about the 3 popular types of Trusts and Durable Powers of Attorney. Please visit this site to ​​get a sample power of attorney form.

Medical Power of Attorney Forms

These allow the principal to state the type of healthcare processes they want to get or not in case any fatal incident happens. A few states need principals to execute a living will with the help of a Medical Power of Attorney. Thus, it is best that you get legal counsel for determining suitable forms. The healthcare directives need to comprise of a consent form for medical records release to the agent or the person who is given the legal authority to carry out wishes, as appointed by the principal. There are confidentiality laws that restrict medical professionals from disclosing personal health details to others in the absence of appropriate consent.

Financial Power of Attorney Forms

It is recommended for anyone having some type of personal finance issues to settle. This type of document offers designated agent with the permission for bill payment; depositing money into bank account, retirement account and financial portfolios; tax returns filing and engaging in particular transactions that are documented in the sample power of attorney form.

Legal Power of Attorney Forms

This is used for authorizing an agent in taking legal decisions on the behalf of the principal, such as property sales, asset buying etc.