Lansing, Michigan Limited Power of Attorney is a legal document granting someone else, known as the attorney-in-fact or agent, the authority to act on your behalf for specific tasks and within specific boundaries. By specifying powers in a limited power of attorney, you can ensure that your agent is granted only the necessary authority without giving them complete control over all aspects of your affairs. There are various types of Lansing, Michigan Limited Power of Attorney, each catering to specific requirements and circumstances. Let's explore a few common versions along with sample powers that can be included in each: 1. Financial Limited Power of Attorney: This type of limited power of attorney grants your agent authority to make decisions related to your financial matters. The sample powers that can be specified may include: — Managing bank accounts and making deposits or withdrawals. — Handling real estate transactions— - Filing and paying taxes. — Managing investments and trading stocks. — Entering into contracts on your behalf. 2. Healthcare Limited Power of Attorney: If you want someone to make medical decisions on your behalf, a healthcare limited power of attorney is appropriate. Sample powers could include: — Accessing medical records and information. — Consenting to or refusing medical treatments. — Choosing healthcare providers and making appointments. — Deciding on specific treatments or procedures. 3. Childcare Limited Power of Attorney: For parents who may need temporary assistance in caring for their children, a childcare limited power of attorney can be employed. Sample powers may include: — Making educational decisions— - Handling medical treatments and emergencies. — Authorizing travel or passport applications. — Managing financial matters related to the child's welfare. 4. Real Estate Limited Power of Attorney: This type of limited power of attorney allows your agent to act on your behalf for real estate-related matters. Sample powers can include: — Buying or selling property— - Signing contracts, leases, or mortgage agreements. — Managing rental properties— - Engaging in property maintenance and repairs. Before creating a Lansing, Michigan Limited Power of Attorney, it is crucial to consult with a qualified attorney to ensure compliance with state laws and to tailor the document to your specific needs. Additionally, it is important to periodically review and update the document as circumstances change.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.