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If you need someone to manage your affairs, you might consider making a Power of Attorney form. A Florida Power of Attorney grants your trusted agent the ability to sign contracts, control your... Read More
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Making a Florida Power of Attorney
If you need someone to manage your affairs, you might consider making a Power of Attorney form. A Florida Power of Attorney grants your trusted agent the ability to sign contracts, control your finances, or otherwise make specified decisions if you are unable to do so.
A Power of Attorney grants legal permission for another person or organization (an "Agent") to act on your behalf if you are not able to do so.
A Florida Power of Attorney can be general (granting broad powers over your affairs) or it may be special (allowing your agent power only over specific situations.) With Rocket Lawyer, you can also choose to make your document durable, meaning that your agent's powers remain in effect even if you become incompetent or incapable of handling your affairs.
Typically, making a Florida Power of Attorney can cost anywhere between $50 to $300 depending on the attorney.
A General Power of Attorney ends when you become incapacitated. Contrastingly, a Durable Power of Attorney contains specific language which maintains your agent's authority even if you are unable to communicate or make decisions for yourself. The Durable Power of Attorney will remain effective until the Principal's death.
No, a Power of Attorney document does not need to be recorded in Florida for it to be valid. It is important to note, however, that the Florida Power of Attorney is specific to the laws of the state of Florida and should be created by residents of Florida and signed in front of a Florida notary public.
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