Michigan General Power of Attorney with No Durability Provision - Short Form

• Category: Oil Gas and Minerals - Agent Designations
• State: Multi-State
• Control #: US-OG-192
• Format: Word; Rich Text

Description

This forms is used by a Principal to appoint an Agent as Principal's true and lawful Agent and Attorney in Fact for Principal and in Principal's name, place and stead, for the purposes of transacting any business on behalf of Principal. A Michigan General Power of Attorney with No Durability Provision — Short Form is a legal document that grants someone, referred to as the "agent" or "attorney-in-fact," the authority to make decisions and take actions on behalf of the "principal," the person creating the power of attorney. Keywords: Michigan, General Power of Attorney, No Durability Provision, Short Form. This power of attorney document is specifically designed for use in Michigan and provides the agent with broad powers, allowing them to handle various financial and legal matters on behalf of the principal. The absence of a durability provision means that the power of attorney will become void if the principal becomes incapacitated or unable to make decisions. Some common types of Michigan General Power of Attorney with No Durability Provision — Short Form may include: 1. Financial Power of Attorney: This type of power of attorney grants the agent the authority to manage the principal's financial matters, including banking, investments, real estate transactions, bill payments, and tax matters. 2. Healthcare Power of Attorney: While not a traditional use of a general power of attorney, Michigan allows individuals to include healthcare-related powers within this document. The agent would have the authority to make medical decisions and handle healthcare arrangements on behalf of the principal. 3. Limited Power of Attorney: This type of power of attorney restricts the agent's authority to handle specific matters or make decisions within a defined scope. For example, a limited power of attorney may grant the agent the authority to sell a specific property or sign certain documents on behalf of the principal. It is important to note that the specifics of a Michigan General Power of Attorney with No Durability Provision — Short Form may vary, depending on the legal requirements, the principal's preferences, and the expertise of the attorney creating the document. Consulting with a qualified attorney is recommended to ensure compliance with state laws and to customize the power of attorney to meet individual needs and circumstances.

A Michigan General Power of Attorney with No Durability Provision — Short Form is a legal document that grants someone, referred to as the "agent" or "attorney-in-fact," the authority to make decisions and take actions on behalf of the "principal," the person creating the power of attorney. Keywords: Michigan, General Power of Attorney, No Durability Provision, Short Form. This power of attorney document is specifically designed for use in Michigan and provides the agent with broad powers, allowing them to handle various financial and legal matters on behalf of the principal. The absence of a durability provision means that the power of attorney will become void if the principal becomes incapacitated or unable to make decisions. Some common types of Michigan General Power of Attorney with No Durability Provision — Short Form may include: 1. Financial Power of Attorney: This type of power of attorney grants the agent the authority to manage the principal's financial matters, including banking, investments, real estate transactions, bill payments, and tax matters. 2. Healthcare Power of Attorney: While not a traditional use of a general power of attorney, Michigan allows individuals to include healthcare-related powers within this document. The agent would have the authority to make medical decisions and handle healthcare arrangements on behalf of the principal. 3. Limited Power of Attorney: This type of power of attorney restricts the agent's authority to handle specific matters or make decisions within a defined scope. For example, a limited power of attorney may grant the agent the authority to sell a specific property or sign certain documents on behalf of the principal. It is important to note that the specifics of a Michigan General Power of Attorney with No Durability Provision — Short Form may vary, depending on the legal requirements, the principal's preferences, and the expertise of the attorney creating the document. Consulting with a qualified attorney is recommended to ensure compliance with state laws and to customize the power of attorney to meet individual needs and circumstances.