The need for a Durable Limited Power of Attorney for Finances and Property |
A Durable Limited Power of Attorney is a legal device that will allow you to nominate someone to make very specific financial and other business decisions on your behalf should you become incapacitated through illness or otherwise unable to make these decisions on your own behalf. It is the first line of defense in protecting both yourself, your finances and your family!
A Durable Limited Power of Attorney is limited in scope and only takes effect when you become incapacitated. Until then, you are free to manage your own affairs as you see fit. However, provided you are mentally competent, you can of course revoke your Durable Power of Attorney at any time!
You can set up your Durable Limited Power of Attorney to cover specific situations relating to:
- Real estate;
- Bond, share and commodity trading;
- Business operating;
- Claims and litigation;
- Chattel and goods;
- Banking;
- Insurance; and
- virtually any other matter !
What happens if you don't have a Durable Power of Attorney
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If you fail to make a valid Durable Power of Attorney then:-
- your family (even your spouse) would be powerless to manage your property and your assets and would have to apply to the Court to have it appoint a 'guardian' to manage your affairs.
- your guardian may not be someone that you would normally trust with your family’s inheritance....and you could become the next victim of negligence or fraud or incompetence!
- as a court appointed guardian is free to do what they deem fit....your most valuable possessions could be sold to pay medical and other bills.....and your family would be powerless to prevent this....
The only way to protect yourself is by having a Durable Power of Attorney!
Benefits of having a Durable Power of Attorney
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By having a Durable Limited Power of Attorney:-
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You can appoint an agent of your choosing to act on your behalf should you become incapacitated;
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You can avoid having a court appointed attorney make legal and financial decisions that could adversely affect you, your family and your assets;
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You will have the security of knowing that the person who has been appointed as your attorney is someone that you can trust to mange your affairs and to look after your family; and
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You can reduce and even avoid the risk of fraud or embezzlement. |
Durable Limited Power of Attorney Kit |
Our Durable Limited Power of Attorney Kit contains all the ready-to-use lawyer prepared legal forms and documents necessary to create a Durable Limited Power of Attorney to cover almost any conceivable situation. It also contains all the documents and forms necessary to revoke your Power of Attorney.
As well as taking you by the hand through the whole process of creating a valid and enforceable Power of Attorney, our legal kit also explores the following areas in detail:-
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Types of Power of Attorney; |
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Advantages and disadvantages of having a Power of Attorney; |
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Dealing with incapacity; |
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Duties and responsibilities of Agents; |
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Legalities surrounding Powers of Attorney; |
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Commencement and cessation of Powers of Attorney; |
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Revocation of Power of Attorney; and |
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much more... |
Finally, by creating your power of attorney today, You will ensure that should you become incapacitated your affairs will proper care, in the way you wish. Simply follow the instructions, and you can have your Power of Attorney prepared in a matter of minutes quickly and easily!
Only $19.95
100%, Ironclad, Money Back Guarantee. |
Only $19.95 |
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