This site is an attempt to distill the complex POA family of documents into something that’s more easily understood and that you can make a decision about. We have begun this free web site for the public and those interested in creating a power of attorney legal document. These agreements are quite potent and come in a few varieties with a few different uses.
In an effort to not be too long-winded here, we’d like to provide a brief introduction to what a Power of Attorney Form is for those that are in the initial stages of information gathering.
If you are considering creating a living will, POA document, estate planning document or other heath and asset Power of Attorney agreement then congratulations for being so proactive and we hope you never actually have the cause to use it. The idea behind these legal documents, is that they are all very similar to a last will and testament, only the power of attorney form goes into action before you die and (hopefully) this legal document gets nullified with your return to good health.
That’s just it, a Power of Attorney Florida document is like your marching orders should you ever become incapacitated and cannot conduct your affairs on your own behalf. So you have made and arrangement, an agreement in the form of a contract with a third party. This legal document states how you would like to handle the paying of your bills, handling tenants, and bank accounts. They even state your specific desires on what medical procedures you will allow to be performed on you, what medications and even if life support measures should or should not be taken to preserve your life.
This legal document allows another third person effectively become you, at least while you are unable to be you. They can legally open, close bank accounts, transfer money, sell stocks that you own, all in your name. They can even sell your house, store your belongings or evict your tenants. Calling it a “power” of attorney form is very apropos.
The Basic Power of Attorney form Types in a Nutshell
There are really two major types of POA forms in the state Florida, they are the Durable Power of Attorney form and the Limited Power of Attorney Form. One lasts even though you may become incapacitated (the Durable Power of Attorney) and one becomes void if you become incapacitated (the Limited Power of Attorney). That’s pretty cut and dry. Within these two categories of documents resides really all the rest of the types.
The Three Basic Variations of the Power of Attorney Florida Form
Digging a little deeper into our Power of Attorney form Florida education, we uncover a third type of POA agreement, the Medical Power of Attorney.
Limited Power of Attorney Florida
This is a ‘throw away’ type of POA document. It has no extending powers beyond your own sound judgement (it stops when you can no longer make decisions for yourself) and is limited also in the scope fo it’s powers. Usually, the Limited Power of Attorney Florida is for a specific event or time frame (like say collecting your tenant’s rent while you are out of the country) then it expires. » Read more about the Limited Power of Attorney form Florida.
The Durable Power of Attorney Form Florida
This is the most powerful form of POA legal document. Unless specified within the document itsef (what can be known as a “durability clause”) Power of Attorney agreements become nullified or void when the principal signer becomes incapacitated. That’s where the durability comes into play. This legal document can stay in effect even after the principle signer becomes incapacitated, even for a lengthy period of time making this form incredibly useful, for one can continue to conduct business, collect and pay debts even though you maybe in the hospital or out of the country for long periods of time. » Read more about the Durable Power of Attorney Form Florida.
The Medical Power of Attorney Form Florida
Also in nutshell, the Medical POA is designed to exclusively handle any health-related decisions on your behalf. This is important if you are incapacitated (it has durability built into it) with a serious injury or illness and doctors want to preform a complicated or otherwise risky surgery. Or perhaps they want to try a fairly new drug or procedure. Or maybe the circumstance is that your religious or philosophic beliefs prohibit certain forms of treatment. Power of Attorney Florida law along with Florida statutes allow you to stipulate what you would choose for yourself if you were able to. » Read more about the Medical Power of Attorney Form Florida
Well, that is the very basic introduction for these powerful legal documents in the state of Florida. We really did try to be brief. With these powerful contracts at your disposal, we strongly suggest that you learn all you can by exploring the articles and information about the various Florida Power of Attorney forms here on this site (and elsewhere) before creating or signing.
When you are ready and feel confident about what type of POA document you will be needing, please head on over to our CHOOSE A POWER OF ATTORNEY DOCUMENT page and create your power of attorney form right now!