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General Power of Attorney with No Durability Provision - Short Form

King Washington General Power of Attorney with No Durability Provision - Short Form

Name: King Washington General Power of Attorney with No Durability Provision - Short Form
Brand: US Legal Forms
Rating: 4.85 (367 reviews)

Category:

Oil Gas and Minerals - Agent Designations

State:

Multi-State

County:

King

Control #:

US-OG-192

Format:

Instant download

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.

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How to fill out King Washington General Power Of Attorney With No Durability Provision - Short Form?

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FAQ

The opposite of this is a general power of attorney, a comprehensive authority that gives your attorney-in-fact all the powers and rights that you yourself have. A durable power of attorney can be general or limited in scope, however, it remains in effect after you become incapacitated; hence the word durable.

What Is a Nondurable Power of Attorney? A nondurable power of attorney is a legal authorization that is limited in scope. The person you specify can act on your behalf in legal and financial matters, which may include signing agreements, approving payments and more.

If a power of attorney is durable, it remains valid and in effect even if you become incapacitated and unable to make decisions for yourself. If a power of attorney document does not explicitly say that the power is durable, it ends if you become incapacitated.

A durable power of attorney refers to a power of attorney which typically remains in effect until the death of the principal or until the document is revoked.

The purpose of this Power of Attorney is to give your designated agent broad powers to handle your financial affairs, which may include the power to pledge, sell, or dispose of any of your real or personal property, even without your consent or any advance notice to you.

The non-durable power of attorney is used only for a set period of time and usually for a particular transaction in which you grant your agent authority to act on your behalf. Once the transaction is completed, or should the principal become incapacitated during this time, the non-durable power of attorney ceases.

A statutory form is a form created by a government, usually designed to serve as a model form or a free form for the public. The text of the form resides within the government's statutes. For example, many states have statutory durable powers of attorney forms written into their laws.

With a non-durable POA, your agent's authority ends as soon as you become incapacitated. If you have a durable POA, your agent can continue to make decisions for you even after you become unable to make them yourself.

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King Washington General Power of Attorney with No Durability Provision - Short Form

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What is the opposite of a durable power of attorney?

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