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| Item# | 01005a |
| Price | $17.95 |
| ISBN# | 0-09625456-4-3 |
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Power Of Attorney Kit
Why Use A Power Of Attorney
A mother may wish to give her adult son a GENERAL
power of attorney, granting him the authority to handle all of her
financial affairs. A businessman who is going to be absent from his place
of business for an extended period may wish to leave a SPECIAL power of
attorney with a trusted employee, to handle his business affairs while he
is away.
The key element in granting a power of attorney is
trust. The grantor should have complete faith in the person granted power
of attorney, as he or she will have unbridled use of the grantor's assets
while in force. Any misuse or embezzlement by the person can be a crime
and
subject to a civil action for return of assets.
With the use of this Power of Attorney Kit, you can
set up your power of attorney to include (but are not limited to) the
following powers: Real estate transactions; Chattel and goods
transactions; Bond, share and commodity transactions; Banking
transactions; Business operating transactions; Insurance transactions;
Claims and litigation; and virtually any other matter for which you
require the assistance of your attorney-in-fact.
The forms for the Power of Attorney are simple to
prepare. Just fill in the blanks, sign in front of witnesses and a notary,
and the document is immediately legal. Once the completed forms are given
to the attorney-in-fact, he or she may make copies to use in the
transaction of the grantor's business. Once granted, the power of attorney
remains in effect until revoked by the grantor; that is the reason that we
have also included in this kit a Revocation of Power of Attorney form.
This form is to terminate such power. The grantor simply signs the
Revocation of Power of Attorney form in front of witnesses and a notary
and delivers it to the attorney-in-fact.
Complete forms and instructions with optional 3.5 inch software disk.
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