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What Is The Power Of Attorney, The Different Types Of Power Of Attorney That People Can Have, The Reasons Why People Grant Other People Power Of Attorney, And The Problems With Granting Other People Power Of Attorney
Written by:
Dr. Harrison Sachs
Narrated by:
Digital Voice Mike G
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Release Date
April 2024
Duration
0 hours 28 minutes
Summary
This audiobook is narrated by a digital voice.
This essay sheds light on what is the power of attorney, demystifies the different types of power of attorney that people can have, explicates the reasons why people grant other people power of attorney, and reveals the problems with granting other people power of attorney. The power of attorney refers a document which renders it permissible for another person to be able to act on your behalf. In other words, whenever you grant power of attorney to a person, then he has the authorization to act on your behalf. The power of attorney document confers another person with the authority to be able to implement decisions on your behalf in certain contexts. The scope of authority that a person has over your affairs will vary depending upon the type of power of attorney that you grant him. If a person is bestowed power of attorney, then he has been entrusted with the authorization to act on your behalf with the hope that he will implement decisions that are eminently aligned with your best interest. A person who has been granted power of attorney should never implement decisions that are unaligned with your best interest. If a person is bestowed power of attorney, then he should exhibit the utmost diligence and should be mindful of your best interest before implementing decisions on your behalf. If a person is bestowed power of attorney, then he should desist from blithely implementing imprudent decisions that are unaligned with your best interest. The power of attorney allows another person to be able to manage your affairs in certain contexts. The medical power of attorney, for instance, allows an agent to be able to implement decisions that are based on the medical doctor’s recommendations which appertain to the principal's medical matters. If a person is granted medical power of attorney, then the agent should choose the utmost optimal medical care decisions that are based on the medical doctor’s recommendations if these authorities
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Dr. Harrison Sachs
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