Sunday, January 29, 2012

Information on the role of authority ...

According to proxy for a friend or relative can be stressful. ... .It gives you the power on their behalf on decisions of health care, property transfers and to act in many other actions. ... .Their tasks must be understood. ... .definition according to "Black's Law Dictionary," a lawyer, the grant of authority to act on behalf of a person over the decisions that in general performance DurationA document.Types and ends. revoked by the principal or to. .The Court finds that the most important is incompetent. ... .A durable power of attorney is similar to the Attorney General, except that it is still in force after the client incompetent. ... .Continuing power of attorney does not survive the death of principal in respect to decisions regarding the property, burial or finances.Duties LiabilitiesAs and Attorney-in-fact for the client, you have a fiduciary duty to act. Best interest. .Head. ... .Moreover, if the performance is in terms of financial decisions, you have to use reasonable care in managing money and investments. ... .If you breach this duty of care can be fined or criminally responsible ....

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