Various Forms of Power of Attorney

Various Forms of Power of Attorney

We’re supposed to have razor-sharp intellect for the rest of our lives. Having said that, sometimes defending our family requires wishing for the best while preparing for the worst.

Power of attorney, along with other estate planning strategies like a final will and testament, can be useful in this situation.

Having a power of attorney allows someone to handle your finances and legal matters if you are unable of doing so. We conducted the research to help you comprehend the many types of powers of attorney and which may be appropriate for your circumstance.

Just in case, you might decide to create a power of attorney for yourself. If you have elderly parents or other family members, you might also encourage them to appoint a power of attorney while they are still competent.

And certainly, even if they have joint accounts, married couples frequently need POA as well! Your queries, such as “what is POA?” “who can overturn a power of attorney?” and “how do I get a power of attorney?” will be answered in detail.

Durable Power of Attorney

The word “durable” is used to describe the majority of POA documents. These are often utilized if you are worried that you might become disabled in the future. When you have a durable power of attorney, the agent’s authority lasts after you are legally unable to make choices on your own.

You might not even need to let your agent know they’re on your durable power of attorney’s list, depending on the regulations in your state. It’s also crucial to keep in mind that you’re not ceding control of your finances prior to becoming incapacitated (though it’s still a good idea!). As soon as the POA becomes effective, the agent has legal access, but you have the right to remove their authority at any moment and for any reason. You won’t lose any of your control or access to your accounts in the interim.

Fiduciary obligation requires your agent to operate in your best interests, not their own. By having access, your bank account does not automatically become their ATM. A bank has the right to refuse service to an agent if it believes the agent is abusing their authority or if the durable power of attorney is “stale” (that is, it hasn’t been renewed in a few years).

If you believe your POA agent is squandering your money, you (or someone who is worried about your financial welfare) can file a lawsuit against them or get in touch with the state’s adult protective services. According to the misuse, there may even be cause for criminal prosecution. A court can order the agent to return misappropriated funds or other assets.

Disclaimer: This is not legal advice and is simply an answer to a question and that if legal advice is sought to contact a licensed attorney in the appropriate jurisdiction.

Power of Attorney Free Consultation

If you have any questions or in need a Power of Attorney, we have the Best Attorneys in Utah. Please call this law firm for free consultation.

We help you with Estate Planning, Wills, Trusts, Power of Attorney, Health Care Directive, Estate Administration, Probate and More

When you need a Lawyer, contact this law firm:

Parklin Law

5772 W 8030 S, # N206
West Jordan UT 84081
(801) 618-0699

Bountiful, Utah


From Wikipedia, the free encyclopedia
Bountiful, Utah
Mueller Park Trail a popular hiking trail located in Bountiful,Utah

Mueller Park Trail a popular hiking trail located in Bountiful,Utah
Location in Davis County and the State of Utah.

Location in Davis County and the State of Utah.
Coordinates: 40°52′47″N 111°52′18″WCoordinates40°52′47″N 111°52′18″W
Country United States
State Utah
County Davis
Settled September 27, 1847
Incorporated 1892
Founded by Perrigrine Sessions
Named for Bountiful (Book of Mormon)

 • Mayor Kendalynn Harris

 • Total 13.22 sq mi (34.23 km2)
 • Land 13.19 sq mi (34.17 km2)
 • Water 0.02 sq mi (0.06 km2)

4,797 ft (1,462 m)

 • Total 42,552
 • Estimate

 • Density 3,333.41/sq mi (1,287.07/km2)
Time zone UTC−7 (MST)
 • Summer (DST) UTC−6 (MDT)
ZIP code
84010, 84011
Area codes 385, 801
FIPS code 49-07690[4]
GNIS feature ID 2409885[2]

Bountiful is a city in Davis CountyUtah. As of the 2010 census, the city population was 42,552, a three percent increase over the 2000 figure of 41,301. The city grew rapidly during the suburb growth of the late 1940s, 1950s, and 1960s and was Davis County’s largest city until 1985, when it was surpassed by Layton. Bountiful is Utah’s 15th-largest city.

Although a part of the Ogden–Clearfield metropolitan area, it serves as a bedroom community to Salt Lake City and the surrounding area. However, due to the very narrow entrance into Salt Lake County, roads between the counties often reach near-gridlock traffic during rush hour. The FrontRunner commuter rail has been running since April 2008, and the Legacy Parkway was opened on September 13, 2008. These were built to help alleviate the traffic load on Interstate 15 through the Bountiful area.

Comments are closed.