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SPIEGEL & UTRERA, P.A.

LAWYERS
ORDER NOW PAY LATER!

PAYMENT IS NOT REQUIRED

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Limited Power of Attorney (POA)

$499.95

What is the Limited POA?

A Limited Power of Attorney is a legal document that grants an individual, known as the attorney in fact, the authority to act on behalf of the grantor for a specific and defined purpose.

This specialized authorization is tailored to limit the attorney in fact’s actions to a particular task or objective, such as acquiring specific property, executing designated transactions, or managing a particular business operation. The inherent restriction in a limited power of attorney ensures that the attorney in fact’s authority is clearly defined and confined to the chosen purpose, providing a more precise and focused legal instrument.
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Do you require a POA?

  • Specific Purpose:
  • Delineates a particular and well-defined task or objective for the attorney in fact to execute.
  • Tailored Authorization:
  • Provides a customized and restricted scope of authority based on the grantor's specific needs.
  • Enhanced Reliability:
  • May be preferred in situations where parties or institutions require a specific power of attorney for increased reliability.
  • Clarity of Intent:
  • Offers clarity of intent, as the limited scope of actions aligns precisely with the grantor's purpose.
  • Flexibility:
  • Allows for flexibility in designing the limited power of attorney to align with the grantor's preferences.
  • Focused Authority:
  • Ensures the attorney in fact only has authority for specific actions, avoiding unnecessary and unrelated powers.
  • Situational Applicability:
  • Commonly used when the grantor wishes to delegate authority for a particular transaction or event.

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Living trusts, prized for probate avoidance and streamlined asset distribution, see increasing popularity as individuals seek alternatives to conventional wills. Recognizing the advantages of heightened control, flexibility, and privacy in estate management, people are drawn to these trusts. Stay informed for optimal estate planning.