A Palm Bay Florida Attorney in Fact Affidavit for Durable Power of Attorney is a legal document that grants authority to an individual, known as the "attorney in fact," to act on behalf of another person, referred to as the "principal." This affidavit is used to establish and outline the powers and duties held by the attorney in fact, as well as ensure the validity and enforceability of the durable power of attorney. In Palm Bay, Florida, several types of Attorney in Fact Affidavits for Durable Power of Attorney exist, namely: 1. General Attorney in Fact Affidavit for Durable Power of Attorney: This affidavit grants broad powers to the assigned attorney in fact, allowing them to make a wide range of financial and legal decisions on behalf of the principal. These decisions may include managing finances, real estate transactions, accessing bank accounts, and filing tax returns. 2. Limited Attorney in Fact Affidavit for Durable Power of Attorney: This affidavit restricts the powers of the attorney in fact to specific areas or actions, limiting their authority to act on behalf of the principal. For instance, the document may specify that the attorney in fact has the authority to handle real estate transactions but not make medical decisions. 3. Financial Attorney in Fact Affidavit for Durable Power of Attorney: This affidavit focuses solely on granting the attorney in fact the authority to handle financial matters on behalf of the principal. The attorney in fact can manage bank accounts, pay bills, invest funds, and make other financial decisions as authorized in the document. 4. Medical Attorney in Fact Affidavit for Durable Power of Attorney: This affidavit grants the attorney in fact the power to make medical decisions and act as a healthcare proxy for the principal. The assigned attorney in fact can make healthcare decisions, access medical records, and communicate with healthcare professionals. When drafting a Palm Bay Florida Attorney in Fact Affidavit for Durable Power of Attorney, it is crucial to clearly state the powers and limitations of the attorney in fact, ensuring that it aligns with the principal's wishes and complies with state laws. Since the affidavit is a legally binding document, it is advisable to consult with an experienced Palm Bay attorney to create a thorough and well-drafted document to protect both the principal's interests and the attorney in fact's authority.
Para su conveniencia, debajo del texto en espaƱol le brindamos la versiĆ³n completa de este formulario en inglĆ©s. For your convenience, the complete English version of this form is attached below the Spanish version.