Legal Discussion Board, Advice, Information, Legal Aid and Legal Issue

Power of Attorney >> Granting Broad Powers >> Grant powers to handle financial affairs

#38, posted 12 Mar 2022 1:07 pm by Margaret67 words
My dad is usually on the road and is rarely (once a month or so) home. He recently lost my mother, who used to take care of everything for him in his absence. Now that my mom has passed, he wonders if there is a Power Attorney that he can grant to me to handle his financial affairs in his absence.

Thanks for your help,

Margaret Ann
 

#39, posted 13 Mar 2022 10:02 am by Margaret, in reply to #3895 words
Dear Margaret,

Thank you for visiting our website.

We think that the Durable General Power of Attorney for Property and Finance will serve your father's needs best of all.

It has the additional benefit that this kind of Power of Attorney will remain in effect even if your father becomes disabled or incompetent. You can obtain more information from our website going to http://www.legalhelpmate.com/power-of-attorney.aspx

LEGAL DISCLAIMER: Legal Helpmate Corp. is not a law firm and does not give legal advice. If difficult legal issues are involved, you should consult an attorney.


Best regards,
Customer Support
 

#60, posted 20 Oct 2021 12:07 pm by Margaret23 words
I NEED POWER OF ATTORNEY OVER MY FATHER.
HE LIVES UPSTATE NY & I LIVE IN NEW JERSEY,

IS THIS A PROBLEM

THANKS
 

#61, posted 20 Oct 2021 12:15 pm by Margaret, in reply to #6086 words
Dear FRANCE,

Thank you for visiting our website.

You father can appoint you as his agent (attorney-in-fact) without regards to your place of residence.

We provide different types of Powers of attorney, and depending on variety of responsibilities you will perform you may choose the proper document.

It is very easy to obtain the form: just click on http://www.legalhelpmate.com/poa/New-York-power-of-attorney.aspx and you will see a table of forms. Please reed “more details” to obtain the correct one, and order the form you need.

Best regards,
Customer Support
Edited 20 Oct 2021 12:15 pm by Customer Support 

#63, posted 25 Oct 2021 8:50 am by Margaret45 words
My father is looking for information regarding Power of Attorney over my mother (wife) she has become ill and has trouble using both her hands.

What category would they fit in as far as for my father to take over everything from my mother?

Thanks
 

#64, posted 25 Oct 2021 8:59 am by Margaret, in reply to #63257 words
Dear Stefanie,

Depending on the duties your father has to perform for your mother on everyday basis, as well as extension of assets, he may need one of two forms:

1) “Durable General Power of Attorney for Property & Finances (Immediate), appointing one agent.”

The powers your mother grants in Durable General Power of Attorney continue to be effective should she become disabled or incompetent..

A Durable General Power of Attorney does not authorize anyone to make medical or other health care decisions.

Durable General Power of Attorney is an important legal document. It gives the person whom you designate (your "agent", “attorney-in-fact”) broad powers to handle your property during your lifetime, which may include powers to mortgage, sell, or otherwise dispose of any real or personal property without advance notice to you or approval by you.

The other subjects discussed in a general durable Power of Attorney are: stock and bond transactions, commodity and options transactions, banking, estate and trusts, claims and litigation, personal and family maintenance, division of social security and other governmental benefits, retirement plan transactions, tax matters.

2) Illinois Durable Limited Power of Attorney – is good if your mother wants to grant to your father limited authority. For example, to handle deposit/withdrawals from bank accounts, acceptance of SS benefits, retirement, etc.

You may easily obtain either of these forms from:
http://www.legalhelpmate.com/poa/Illinois-power-of-attorney.aspx

LEGAL DISCLAIMER: Legal Helpmate Corp. is not a law firm and does not give legal advice. If difficult legal issues are involved, you should consult an attorney.

Best regards,
Customer Support