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A general power of attorney allows the agent to act on behalf of the principal in any matters, as allowed by state laws. The agent under such an agreement may be authorized to handle bank accounts, sign checks, sell property, manage assets, and file taxes for the principal.

Should you choose to work with an attorney, one might expect fees in the range of $250 - $500.

A power of attorney allows an agent to access the principal's bank accounts, either as a general power or a specific power. If the document grants an agent power over that account, they must provide a copy of the document along with appropriate identification to access the bank account.

A power of attorney (POA) is a legal document that allows a person the authority to act on behalf of someone else.The agent can legally manage the principal's finances and property, make all financial decisions, and conduct all financial transactions that are within the scope of the agreement.

The POA cannot transfer the responsibility to another Agent at any time. The POA cannot make any legal or financial decisions after the death of the Principal, at which point the Executor of the Estate would take over. The POA cannot distribute inheritances or transfer assets after the death of the Principal.

Unless your power of attorney form specifically prohibits compensation, agents under a power of attorney are generally entitled to "reasonable" compensation. What is considered reasonable is going to depend on your duties and the area you live in.

A power of attorney (POA) can accept checks if the person drafting the document (known as the principal) agrees to give the third party (referred to as the agent or attorney-in-fact) such authority.

Don't pay yourself for the time you spend acting as Martina's agent, unless the power of attorney or state law allows it. If you are allowed to pay yourself, you need to show that your fee is reasonable.

Now what? One of your options is to sign the check over to someone else. Because the check is currently payable to you, you'll need to ensure that the third party and their bank can accept a signed-over check, also known as a third-party check, and endorse the check by signing the back of it.

POA abuse is the misuse by the attorney of the authority granted by the donor. It means making a decision or taking an action that is not in the donor's best interest. An example would be when the attorney spends the donor's money to benefit the attorney, rather than the donor, without permission.