This General Durable Power of Attorney for Property and Finances Effective upon Disability form is a general, durable power of attorney which is effective ONLY upon the principal's disability, incompetency or incapacity. You can use this form to appoint an attorney-in-fact (agent) to make decisions regarding property, financial, management, banking, business and other matters for you. The powers granted to an Agent in this Power of Attorney are very broad, but do NOT provide for health care services.
Long Beach California General Durable Power of Attorney for Property and Finances or Financial Effective upon Disability is a legal document that enables an appointed agent or attorney-in-fact to make financial decisions and manage the property and finances of an individual (known as the "principal") in the case of their disability or incapacity. This specific type of power of attorney is designed to remain effective even if the principal becomes mentally or physically unable to handle their own financial affairs. Keywords: Long Beach California, General Durable Power of Attorney, Property and Finances, Financial Effective upon Disability, legal document, appointed agent, attorney-in-fact, financial decisions, manage property, manage finances, disability, incapacity, mentally unable, physically unable, handle financial affairs. There are different types of Long Beach California General Durable Power of Attorney for Property and Finances or Financial Effective upon Disability, including: 1. Limited Power of Attorney for Property and Finances: This type of power of attorney grants the agent authority to handle specific financial matters or make limited decisions on behalf of the principal. It may have a specific duration or only be effective for a certain event or situation. 2. Springing Power of Attorney for Property and Finances: This power of attorney becomes effective only when a specified triggering event occurs, typically the principal's disability or incapacity. It allows the agent to step in and manage the principal's financial affairs only when the predetermined condition is met. 3. Immediate Power of Attorney for Property and Finances: This type of power of attorney grants the appointed agent immediate authority to manage the principal's financial matters and property, regardless of their current capacity or disability. It takes effect upon execution and typically remains in effect until revoked or the principal's death. 4. Statutory Power of Attorney for Property and Finances: This power of attorney utilizes standard forms provided by state statutes, outlining the powers and limitations granted to the agent. It offers a pre-determined set of powers that the principal can grant, ensuring compliance with the laws of Long Beach, California. 5. General Durable Power of Attorney for Property and Finances: This is the broadest type of power of attorney, granting the agent authority over a wide range of financial matters and property management. It remains effective throughout the principal's incapacity or disability unless explicitly revoked by the principal or terminated by a court. It is crucial to consult with a qualified attorney in Long Beach, California, to understand the specific requirements and variations of each type of General Durable Power of Attorney for Property and Finances or Financial Effective upon Disability before drafting or executing the document.Long Beach California General Durable Power of Attorney for Property and Finances or Financial Effective upon Disability is a legal document that enables an appointed agent or attorney-in-fact to make financial decisions and manage the property and finances of an individual (known as the "principal") in the case of their disability or incapacity. This specific type of power of attorney is designed to remain effective even if the principal becomes mentally or physically unable to handle their own financial affairs. Keywords: Long Beach California, General Durable Power of Attorney, Property and Finances, Financial Effective upon Disability, legal document, appointed agent, attorney-in-fact, financial decisions, manage property, manage finances, disability, incapacity, mentally unable, physically unable, handle financial affairs. There are different types of Long Beach California General Durable Power of Attorney for Property and Finances or Financial Effective upon Disability, including: 1. Limited Power of Attorney for Property and Finances: This type of power of attorney grants the agent authority to handle specific financial matters or make limited decisions on behalf of the principal. It may have a specific duration or only be effective for a certain event or situation. 2. Springing Power of Attorney for Property and Finances: This power of attorney becomes effective only when a specified triggering event occurs, typically the principal's disability or incapacity. It allows the agent to step in and manage the principal's financial affairs only when the predetermined condition is met. 3. Immediate Power of Attorney for Property and Finances: This type of power of attorney grants the appointed agent immediate authority to manage the principal's financial matters and property, regardless of their current capacity or disability. It takes effect upon execution and typically remains in effect until revoked or the principal's death. 4. Statutory Power of Attorney for Property and Finances: This power of attorney utilizes standard forms provided by state statutes, outlining the powers and limitations granted to the agent. It offers a pre-determined set of powers that the principal can grant, ensuring compliance with the laws of Long Beach, California. 5. General Durable Power of Attorney for Property and Finances: This is the broadest type of power of attorney, granting the agent authority over a wide range of financial matters and property management. It remains effective throughout the principal's incapacity or disability unless explicitly revoked by the principal or terminated by a court. It is crucial to consult with a qualified attorney in Long Beach, California, to understand the specific requirements and variations of each type of General Durable Power of Attorney for Property and Finances or Financial Effective upon Disability before drafting or executing the document.
