A Power of Attorney (POA) is a legal document that gives someone else the authority to act on your behalf. In simple terms, power of attorney means giving somebody else the right to make decisions about your financial affairs if you become incapacitated. You can easily get a free power of attorney form template online, and download it to customize for your own specific needs.
Durable, General, Revocable and Irrevocable Power of Attorney Forms
Durable, General, Revocable and Irrevocable Power of Attorney Forms are four important types of POA forms that you should have an idea about. Know about the same:
1. Durable POA
Durable POA is a type of POA that lasts longer than others. A durable POA is valid for a period of time after the person who signed it becomes incapacitated.
2. General POA
General POA is a type that is not specific to any particular situation. A general POA does not have a set duration. Instead, it is valid until revoked by the person who signed it.
3. Revocable POA
Revocable POA is a type where the person who signed it can revoke his/her decision at any time. This type of Florida power attorney form is used and signed by a principle who would not want to allow his / her preferred attorney-in-fact to have complete power for all times.
4. Irrevocable POA
Irrevocable POA is similar to revocable POA except that once the person who signed it makes the decision, he/she cannot change their mind later.
Living Will, Advance Directive and Healthcare Power of Attorney
A Living Will in Healthcare lets you state what kind of medical treatment you want if you become incapacitated and unable to communicate. This is a legal document.
An Advance directive is slightly different. Your values and preferences for end-of-life care can be expressed through an advance directive for healthcare. It is a legal document too.
A Healthcare Power of Attorney is different, in the sense that it. is a legal document that tells doctors how you would like to be treated if you become incapacitated, including whether you would like to receive CPR or not. This is a legal document as well.
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