Do-It-Yourself
Power Of Attorney Kit
- Preparing a power of attorney has never
been easier or less expensive. This kit includes all the legal
"fill-in-the-blank" documents you will need to prepare (and
eventually revoke) your own Power of Attorney Agreement. With the help
of this kit, you can prepare all of the necessary forms in less than
30 minutes, and they will be legal and valid in all states.
Why
Use A Power Of Attorney?
A mother may wish to give her adult son a
GENERAL power of attorney, granting him the authority to handle all of
her financial affairs. A businessman who is going to be absent from
his place of business for an extended period may wish to leave a
SPECIAL power of attorney with a trusted employee, to handle his
business affairs while he is away.
The key
element in granting a power of attorney is trust. The grantor should
have complete faith in the person granted power of attorney, as he or
she will have unbridled use of the grantor's assets while in force.
Any misuse or embezzlement by the person can be a crime and subject to
a civil action for return of assets.
With the use
of this Power of Attorney Kit, you can set up your power of attorney
to include (but are not limited to) the following powers: Real estate
transactions; Chattel and goods transactions; Bond, share and
commodity transactions; Banking transactions; Business operating
transactions; Insurance transactions; Claims and litigation; and
virtually any other matter for which you require the assistance of
your attorney-in-fact.
The forms for
the Power of Attorney are simple to prepare. Just fill in the blanks,
sign in front of witnesses and a notary, and the document is
immediately legal. Once the completed forms are given to the
attorney-in-fact, he or she may make copies to use in the transaction
of the grantor's business. Once granted, the power of attorney remains
in effect until revoked by the grantor; that is the reason that we
have also included in this kit a Revocation of Power of Attorney form.
This form is to terminate such power. The grantor simply signs the
Revocation of Power of Attorney form in front of witnesses and a
notary and delivers it to the attorney-in-fact
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