Power of Attorney
Related Legal Information

OUR LEGAL INFORMATION WILL HELP YOU TO BETTER UNDERSTAND THE LEGAL NATURE OF A POWER OF ATTORNEY AND RELATED ISSUES

Power of Attorney is an important legal document.
It gives broad powers to the person whom you designate as your agent. There are several kinds of power of attorney to handle different legal issues, including Durable General Power of Attorney for Property and Finance, Nondurable General Power of Att ...   More details

Selectting an Agent for a Power of Attorney.
You should choose a trusted family member, a proven friend, or a professional with an outstanding reputation for honesty. Remember, signing a Power of Attorney that grants broad authority to an Agent is very much like signing a blank check.
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Signing Power of Attorney.
The power of attorney should be witnessed by two people other than: the donee/agent, the donee/agent's spouse, the donor's spouse or the donor's child. An affidavit of witness should be notarized if the power of attorney needs to be recorded for real ...   More details

Special Power of Attorney.
A special power of attorney is more specific in outlining the duties or power granted and would contain specific language which, e.g., gives someone authority to sell your property or to perform your banking matters. In general banks use their own fo ...   More details

Springing power of attorney.
A "Springing" Power of Attorney becomes effective at a future time designated in advance by the Power of Attorney, such as the illness or disability of the Principal. You can specify that the durable power of attorney does not go into effec ...   More details

Tennessee - Does every business or bank have to accept my power of attorney?
No. Banks and businesses are free to accept or reject a power of attorney. Some will not accept a general power of attorney while others require that any power of attorney is recorded. The bottom line is that you should always check ahead of time to ...   More details

Tennessee - I'm on mobility. Should I have a power of attorney?
The first question you must ask is "Do I need a power of attorney?" If you and your spouse have a joint checking account, your pay is directly deposited into your joint account, and you are not planning on purchasing or selling any large jo ...   More details

Tennessee - Possible negative impact of having a power of attorney.
While a power of attorney can be very useful, it can also be abused. A husband who has just separated from his wife might use a power of attorney she gave him to clean out her individual bank account. A power of attorney has the potential for being a ...   More details

Tennessee - What a power of attorney cannot do?
While a power of attorney will be accepted as valid for most purposes, there are some things that cannot be accomplished by using a power of attorney because these actions are so personal in nature that they cannot be delegated to another. For exampl ...   More details

Tennessee - What a special power of attorney can do?
You can use a special power of attorney to allow someone to do almost all legal actions that you can do yourself. Thus, for example, you could prepare a special power of attorney that lets your designated agent:
 
- Buy or sell real estate ...   More details