When you give someone the Powers Of Attorney to complete the tasks on your behalf, you make that person your agent, and you have the same legal right in his actions as if you had taken those actions. For example, if you authorize your agent to access your bank accounts, then they can take money from that account. However, your agent's legal duty is to work in your interests, so he cannot use the money for his benefit. Types of Powers Of Attorney The Powers Of Attorney that give your agent financial rights can be general or limited. A general Powers Of Attorney gives your agent comprehensive authority to do many things on your behalf. A limited Powers Of Attorney gives your agent the power to do one or two limited things for you. For example, you can give your agent the power to access a specific bank account or all your accounts. Regardless of the type of Powers Of Attorney , your agent has the responsibility to work in your best interest. Authority Your agent is not ...
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