What is a power of attorney and how does it work? To keep a board game running while one player takes a break, that player could say to another ‘roll the dice and move for me.’ They are granting the second player power to act fully within the game rules. This is basically what ‘general power of attorney’ means in the rules of the legal system – authorization for one person to act legally on behalf of another person. If the player says ‘roll but don’t move’, that would be called ‘limited power’; limited legal power-of-attorney might cover only healthcare decisions, or only property decisions. While some legal jurisdictions accept spoken power-of-attorney decisions like this game-play example, other jurisdictions, or institutions like banks or hospitals, frequently require written or even notarized documents. The person granting this power must have the mental capacity to understand their decision.
 

TitleTap

TitleTap

TitleTap provides turn-key websites and marketing tools like Video, Social Media Management, and Email Marketing for Title Agents and Real Estate Attorneys. Get more great marketing tips like this specifically relevant to Real Estate, Title Insurance, Mortgage Lending, and Law by subscribing or visiting our blog above.
TitleTap

Related Post

How One Title Agent Got Multiple Commercial Closings From Her Website Sometimes Title Agents and Attorneys who have been in business for quite some time aren’t sure of the value they might get by having a website. In all fairness, they’ve gone this long without one. What they often forget is although the old ways of doing business might still be valid, new ways of ...
“The Widgets are Coming!” Did you know that Paul Revere’s famous quote, “The British are coming!” was fabricated? That’s right! According to history.com: “Paul Revere never shouted the legendary phrase later attributed to him (“The British are coming!”) as he passed from town to town. The operation was meant to be co...
Probate Basics http://bucket.wistia.com/medias/ke316sz5ew?embedType=async&videoFoam=true&videoWidth=640 The legal distribution of assets and property left by someone who has died is called 'probate.' It is a process of law, involving government and courts, that ensures proper and legal distribution of th...
Don't Go At It Alone. Download The Free PDF!"10 Uncommon Questions to Ask Before Hiring a Web Designer"

All websites are not created equal! Download a free PDF with all of the questions you need answered BEFORE hiring a web designer.

Download Now