2/12/2023 0 Comments Easy power of attorney formThese powers include the lease of properties, life insurance purchases, making gifts, general management of operation of businesses of the principal, including employment. There are different kinds of powers of attorney: A general power of attorney gives the agent-general powers in the administration of the principal's properties, so for the agent to act on the principal's behalf. Such authority may include disposition of properties owned by the principal, perform transactions in which the principal has the capacity to do so. The attorney here is not necessarily a lawyer but any person appointed by the principal, known as an 'Agent' to perform acts on the principal's behalf. The attorney acts under the authority of the principal specifying the capacity of the former to which he or she may allow to perform and manage the affairs of the latter. A power of attorney form is a document that proves as evidence in a contract of agency.
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