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Vehicle Power Of Attorney - EXPLAINED

 

It is advisable that you make a power of attorney even if you do not feel any illness or you do not expect any event that would incapacitate your mental state. It is always ideal to be prepared. Could the power of attorney be revoked? Of course, it could be revoked especially if you are no longer comfortable about the kind of service or performance your agent is giving you. If you designate someone whom you trust as your agent, you can have peace of mind that the person can make decisions for you according to your best interest. The agent is also called the attorney-in-fact. Do not be misled by the term, though, because an attorney-in-fact does not have to be a lawyer. Your document also has to be tailored to your particular needs and wishes so that you have nothing to worry about in the future. This is also favourable for married couples whose account is joined. The durable power of attorney is also referred to as the health care power of attorney. In many situations, the health care power of attorney is different from the agent who would oversee financial and business matters. The attorney-in-fact who is given the durable power of attorney is required to make decisions related to the principal s health like stopping life support or performing surgery. Take note that just because the term attorney is used does not necessarily mean that you need to give an authority only to a lawyer. Your agent or attorney-in-fact could be of any profession, not necessarily a lawyer. There are many things you should understand about power of attorney. First, execution of the power you bestowed does not mean you no longer have to make the decisions. The former merely authorizes a person to make important medical care decisions such as those regarding use of life support when the principal is mentally incapable of doing this for himself or herself. On the other hand, a living will indicates what a person wants to happen regarding his or her medical care when time comes life support is necessary. Financial abuse would include misusing the power of attorney, using the adult s money for other purposes, pressuring adults to sell their home or property, cashing out the adult s pension or cheque, or pressuring the adults to buy alcohol or drugs. Abuse of the power of attorney could be intended or a sign of negligence. 

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