Updated on May 5th, 2023An Illinois limited power of attorney form provides a resident with the opportunity to transfer limited financial powers to another individual (referred to as an attorney-in-fact or agent). The selected representative will be able to act on behalf of the resident for the completion of a singular, agreed-upon act. Once the act has been completed, the agreement becomes void. The individual…
Updated on May 5th, 2023An Illinois durable power of attorney form enables the principal, or the individual creating the form, to assign an agent to oversee their finances and make decisions on their behalf. Because the form is durable, the agent will be able to operate even when the principal is unable to make decisions for herself (as determined by a licensed physician). Due to…
Updated on May 5th, 2023An Indiana real estate power of attorney is a document used specifically for granting certain real estate-related powers to an agent. The principal, the individual who executes the document, can use the provided form to select all the powers they wish to hand over to their agent. Examples of an agent’s duties could include selling and buying property, refinancing, mortgages, and…
Updated on May 10th, 2023A New Mexico real estate power of attorney is a legal contract by which an individual, the “principal,” appoints an agent to represent them in making decisions regarding real estate. The agent may be given the authority to buy, sell, and manage property in the principal’s name. The most common purpose of using an agent is to close the purchase or sale…
Updated on May 11th, 2023A Wisconsin medical power of attorney form allows for the designation of a surrogate to make healthcare decisions for someone else, the “principal,” in the chance that they become incapacitated. The person chosen, called an “agent,” shall be responsible for making any and all healthcare decisions and facility options with the principal’s best interests in mind. When selecting an agent, the…
