Contemplating to draft your power of attorney document? But the daunting task is to choose the right agent who would act in your absence or when you are incapacitated. This is a very important decision making process and choosing someone wrong might have seriously negative repercussions. Handling over the authority to someone so that he or she can manage all your private and professional affairs is a challenging job, and selecting the correct agent is mandatory here. For more information about getting a durable power of attorney in Florida, please visit this website.
What can the agent do?
Depending upon the powers you give to the agent, he or she can work on your behalf and have certain responsibilities. The official power of attorney document will lay down on the things the agent can or can’t do and this will depend on you. You can grant him general, durable or specific powers.
What happens when the agent refuses or passes away?
There might be circumstances that the agent you choose refuses to act or also pass away or meet with some unforeseen situation. Mostly, the legal documents power of attorney forms you download online will have the section where you can mention about appointing a reliable agent. If the first agent is unable to carry out his duties, you can set of new primary and secondary agents when you make a new official POA document.
Things to consider while choosing the agent
- Do you rely on the person regarding the management of legal and financial matters?
- Is the person you select financially responsible?
- Will the agent charge a fee? Well family members or friend's wont but appointing a lawyer or your accountant will require a certain fee.
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