|
Power of
Attorney
A Power of
Attorney (POA) is a written document that allows the
Principal (the person having the POA drawn up) to
authorize the agent also called attorney-in-fact (the
person does not have to be an attorney) or personal
representative to act on his or her behalf. It is
one of the strongest legal documents that can be given
to another person.
There are
two types of POA; general and limited (sometimes called
special).
The
General POA gives the agent very broad powers to act
on the principal's behalf. The agent has powers over all
of the assets of the Principal, including the right to
buy and sell property, access private medical and legal
records, use and sell or discard personal property and
essentially do anything with the Principal's property
that the Principal could do. Every act performed by the
agent within the authority of the POA is legally binding
upon the principal. Since a POA is such a powerful
document, only give this power to someone you trust
completely.
A Limited POA limits your agent's authority to act only on certain
matters and gives the agent very specific powers.
Usually this form of POA is used to authorize the Agent
to take a specific action, such as accept an offer to
buy the Principal's house or use the Principal's car.
Limited Power of Attorney
to Act "IN LOCO PARENTIS"
The phrase "in
loco parentis"
means "in the place of the parent." This type of limited
POA grants authority to anyone the parent chooses (such
as a babysitter or nanny) to perform a range of
functions such as picking up a child from school, buying
food and clothing, and consenting to medical treatment
of the child in the event of illness or injury. All laws
regarding medical regulations clearly provide that a
minor may be treated in a true emergency, when the
parents cannot be reached. In a non-emergency
situation, however, consent is required before
treatment. This limited POA transfers the authority to
consent for the child's medical treatment to another
individual. A medical facility cannot be designated
with that authority; the parent must designate a
specific person or two, alternatively. Also, the
individual designated must be an adult.
Without this type of limited POA a day care center,
school, store, hospital or clinic, fearing legal
repercussions, may refuse to follow the directives of
the babysitter or other agent, and require the specific
authorization of the actual parent. This grant of
authority will assist the agent in the daily business of
looking after the child, and can avoid unnecessary
delays in emergencies. It provides legal protection for
the facility, and for the agent who might otherwise fear
taking action on behalf of the child.
Power of
Attorney is a powerful legal document that gives
someone else right to act as though they are you and the
law will treat you as if you committed the actions
yourself. Before signing any documents consult
with an attorney at Haas McNeil & Associates, P.A. to understand
the risks and benefits. |