¶
Frequently Asked Questions (FAQ’s)
Here are some questions that are answered in this Wiki:-
Can a corporation
create
a
Power of Attorney
or be an
agent
?
Can
different
tasks
,
variously
be
allocated
,
to different
agents
?
Could a
condition
prevent a sibling-in-law being an
agent
if they divorce?
Could a
limitation
mean transactions over $10,000 are performed by two
agents
?
Can
remuneration and expenses
be conferred by someone else?
What
officeholders
can be appointed under a
Power of Attorney
**?**
What are common
types
of
Power of Attorney
**?**
What types of
officeholders
can be appointed under a
Power of Attorney
**?**
What kind of
tasks
can an agent be authorized to perform under a
Power of Attorney
**?**
Can different
tasks
be allocated to different agents?
What are the
differences in the legislation
of the
Six (6) Greater States
?
What is a
monitor
under the laws of New York?
Is it true that in Pennsylvania, a
protector
must be an
agent
, unlike California, Texas and Illinois where anyone can be appointed as a
protector
?
What are the features of a
better
Power of Attorney
**?**
Can you create a
springing
Power of Attorney
in Florida?
Do
conditions
control the appointment of
agents
?
What is a
class condition
?
What are
key events
in the life of a
Power of Attorney
**?**
What are the
advantages
of using a
Power of Attorney
**?**
What are the
consequences
of
creating
a
Power of Attorney
**?**
Can you
vary the rights of third parties
in a
Power of Attorney
**?**
How is a
Power of Attorney
different
from other legal instruments?
How do the
entitlements
of an
agent
work in the
Six (6) Greater States
?
Does the legislation in the
Six (6) Greater States
exonerate
agents
who
act in good faith
from liability?
Does the legislation in the
Six (6) Greater States
impose liability upon
agents
to pay
damages
in certain situations?
Are there special
remedies
available in respect of a
Power of Attorney
**?**
What are the
core features
of a
Power of Attorney
**?**
In Florida and California, can you
include non-commercial tasks
in a predominantly
commercial
Power of Attorney
**?**
What is the difference between
term of authority
,
term of appointment
and
term
of a
Power of Attorney
**?**
What is a
durable
Power of Attorney
**?**
What are the
mandatory requirements
for a
Power of Attorney
**?**
What are some
ideas
that might be useful when
creating
a
Power of Attorney
**?**
What
documents
might be
created
at the same time as a
Power of Attorney
**?**
What
documents
might be
created
after a
Power of Attorney is
created
?
Whether the
principal
may grant general authority?
Whether a
Power of Attorney
may be created that becomes effective at a later point in time?
What entitlements does an
agent
have to
remuneration
?
What duties are imposed upon
agents
?
Whether a
third party
is obliged to deal with an
agent
?
What classes of
officeholders
may be appointed?
Whether an
agent
must
sign
the
Power of Attorney
**?**
Whether an
agent
may
delegate
their authority?