Hawaii Special Power of Attorney — Form 11— - Pre and Post 2005 Act is a legal document that grants a designated individual, known as the attorney-in-fact or agent, the authority to act and make decisions on behalf of someone else, referred to as the principal. This authority can be limited to specific matters, such as real estate transactions or financial management, or it can be broad and encompass a range of responsibilities. PRE and Post 2005 Act, as the name suggests, are two versions of the Hawaii Special Power of Attorney form that differ based on the year they were created or updated. The pre-2005 Act version refers to the form that was valid and enforceable before the year 2005, while the post-2005 Act version is the revised form that complies with the changes and provisions introduced in the 2005 Act. The Hawaii Special Power of Attorney — Form 11B grants the attorney-in-fact the power to act on behalf of the principal in various legal, financial, and personal matters. Some common instances where this form may be utilized include managing the principal's bank accounts, real estate transactions, conducting business on behalf of the principal, making healthcare decisions, and handling tax-related matters. It is important to note that there may be different types of Hawaii Special Power of Attorney — Form 11Bbotherre and post-2005 Act, depending on the specific needs and requirements of the principal. Some types may include: 1. Limited Power of Attorney: This type grants the attorney-in-fact the authority to act on behalf of the principal for a specific purpose or within a specified timeframe. For example, the principal may grant limited power of attorney to sell a specific property or handle a particular financial transaction. 2. General Power of Attorney: With a general power of attorney, the attorney-in-fact has broad and comprehensive powers to act on behalf of the principal in various matters. This type of power of attorney is not limited to any specific purpose or duration. 3. Durable Power of Attorney: A durable power of attorney remains in effect even if the principal becomes incapacitated or mentally incompetent. This allows the attorney-in-fact to continue making decisions on the principal's behalf even if they are unable to do so themselves. Using the Hawaii Special Power of Attorney — Form 11B provides a legally binding structure to ensure that the attorney-in-fact acts in the best interest of the principal. It is always recommended consulting with a legal professional or attorney to understand the specific laws and implications associated with executing this document.