Miramar Florida Limited Power of Attorney is a legal document that grants an individual (referred to as the "agent" or "attorney-in-fact") limited powers to manage specific financial or legal matters on behalf of another person (known as the "principal"). This power of attorney is commonly used when the principal wishes to delegate specific responsibilities or tasks but still retain control over other aspects of their affairs. The limited powers granted under a Miramar Florida Limited Power of Attorney can vary based on the specific needs and preferences of the principal. Some common types of limited powers that can be granted include: 1. Financial Limited Power of Attorney: This grants the agent authority to handle the principal's financial affairs, such as managing bank accounts, paying bills, filing taxes, and making investment decisions. 2. Real Estate Limited Power of Attorney: With this type of limited power, the agent is authorized to handle the principal's real estate matters, including buying or selling property, signing leases, or managing rental properties. 3. Medical Limited Power of Attorney: This allows the agent to make medical decisions on behalf of the principal, especially in situations where the principal is unable to communicate or make informed decisions. 4. Legal Limited Power of Attorney: This grants the agent the authority to handle legal matters on behalf of the principal, such as signing contracts, initiating legal actions, or representing the principal in court. 5. Business Limited Power of Attorney: In cases where the principal owns a business, they may grant limited powers to an agent to manage certain aspects of the business, such as signing contracts, negotiating deals, or making financial decisions. It is essential to specify the scope and duration of the limited powers granted in the document to avoid any misunderstandings or misuse of authority. Miramar Florida Limited Power of Attorney — Limited Powers ensures that the principal can maintain control over their affairs while delegating specific responsibilities to a trusted individual. It is advisable to consult with an attorney to ensure the document complies with Florida law and meets the principal's objectives.