Saturday, January 1, 2011

Obligations of the authority

A person who creates a proxy (known as the licensor) means a person on your behalf for certain active (this person is called the agent). The two basic types of proxies are health care or financial purposes. Named in the proxy agent is required certain tasks on behalf of the licensor. The specific characteristics of a power of Attorney and obligations assigned to agent FeaturesThe ensure constituent interests are protected, be it financial or related medical care and treatment. Agent obligations to extend, to carry on specific instructions from a grantor includes within instrument itself.FunctionThe obligation which is assigned to the agent through the proxy function proxy, make sure that the appropriate decisions for the grantor be made if it unable to itself to render. For example, if the Licensor will become incompetent, a proxy for care health requires the agent to make relevant decisions treatment and medical care for the interoperability constituent. Include the obligation on the part of the agent to determine if necessary, extraordinary procedure be used to maintain the alive.TerminationProvided is zugestehend that the grantor at the time the request addressed is responsible to give a great obligation of an officer in a proxy called authority and break immediately be them on behalf of the licensor. The licensor can an end to verbal advice agent, provide a written stop policy can set or from the original proxy instrument.Time crack Framethe agent remain obligations in force and effect at the all time that the proxy is present. An agent that gives up its obligations under a power of Attorney is responsible for jeglhelp women to loss or damage by dieKreditgeber task. An agent is able to resign from his post of Exposentler, the notification of the licensor its decision in the community is writing.MisconceptionsA a misunderstanding, that remain after the grantor dies obligations laid down by a power of attorney. Specifically, some people believe wrongly, that a person as agent of a power of Attorney appointed after his death responsible for the management of the grantor's estate. Powers and obligations of a power of Attorney, put an end to the death of the licensor.

No comments:

Post a Comment