A Nevada general power of attorney form allows an individual to designate someone to handle any and all financial matters such as business transactions, property and asset management, and contract negotiations. The key difference between this form and the durable power of attorney is that the general POA does not remain valid should the principal become incapacitated or unable to make important decisions for themselves. The person appointed as the attorney-in-fact should be someone trustworthy, preferably a person related to or close to the principal. All decisions must be with the principal’s best interests in mind.
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