Notary Services of Pompano Beach 24/7 & Mobile Notarizes Different types of POA At Clients Homes, Office or Hospital
In Pompano Beach, Fort Lauderdale or Boca Raton it can be hectic to move from office to office to have documents of interest signed. As a mobile notary service, we offer the services at your convenience. We keep in mind too, that the POA is one of the most demanding documents that many clients would wish to be notarized and witnessed.
The Power Of Attorney (POA) is a special document that allows you to transfer or delegate general or specific functions of your business to an agent(s). These delegations can be of prior preparedness to unprecedented incapacitation or can be due to commitments.
To ensure that everything runs in your absence, the POA document will ascertain the agent as a significant player in decision making, disposal of property or management of estates or business. The agent must be a trusted personality well-known to the principal.
The following are the four types of POA services that we help to facilitate mobility for you.
1. The General Power Of Attorney
Under the Florida Law, this is a broad delegation of functions to an agent. The agent may also be referred to as an Attorney-in-fact. He must be a person of financial knowledge because of the crucial roles he/she has to play.
The functions you delegate to this agent include hiring competent personnel to handle specific matters for the business, carrying out business transactions, taking lead roles in business interests which may include investing in new ventures or expanding the outlets, buying life insurance, etc.
2. Specific Power Of Attorney
Unlike the General POA, this power of attorney limits the agent or the firm assuming responsibilities to specific functions. The agent will take responsibility when the principal is committed in other matters, when out of the country, or in case of ill-health.
The agent may be entrusted with the power to manage real estates, collecting debts, managing transactions in the business, and selling property. It all depends on the need of the Principal.
3. Health Care Power of Attorney
This power of Attorney authorizes the agent to execute medical decisions on your behalf. The decisions are valid in case you suffer mental illness, or when you are unconscious, in general terms, the agent will step in for you when you are unable to make decisions on your own.
4. Durable Power Of Attorney
This is more of a precautionary measure to sustain the effectiveness of the Power Of Attorney in the event that the Principal runs into ill-health or mentally incapacitated. In this case, the Florida Law requires that a doctor should ascertain the inability of the Principal to handle rational and physical matters of the business.
Other than a doctor, the approval of incapacitation can be determined by two physicians who are licensed. Any of the above approvals will uphold the Power(s) of Attorney that are in effect.
It is crucial to note that the Florida law changed on October 1st, 2011. The changes have been significant for amicable operations of the Powers of Attorney. This includes the agency's functions. In a situation where you have more than one agent and one of them passes on, will the duties still be executed as an independent agent?
Therefore, as you get into an agreement, the Florida law requires that any law put into effect before the changes, should be consistent with the current law. Notary Services of Pompano Beach 24/7 & Mobile in Not A Law Firm and is Not & Can Not Give Legal Advice. We provide Florida Notaries and witnesses for document signing throughout Fort Lauderdale, Pompano Beach, Lighthouse Point, Deerfield Beach and Boca Raton, Florida.
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