Table of Contents
- What is Required for Power of Attorney in California?
- What is the Best Power of Attorney to Have?
- What are the 4 Types of Power of Attorney in California?
What is Required for Power of Attorney in California?
When creating a power of attorney in California, you must use a specific form that is approved by the state and meet the legal requirements of the State of California. The form must have certain information, including: the name and address of the person creating the power of attorney (the “principal”); the name and address of the person receiving the power of attorney (the “agent”); the authority granted to the agent; the duration of the power of attorney; and the signature of the principal, the agent, and two witnesses.
What is the Best Power of Attorney to Have?
The best power of attorney is one that meets the legal requirements of the state and is tailored to the individual’s needs. You should consider the type of authority you want to give to your agent as well as the duration of the power of attorney. You also want to make sure your agent is someone you trust and can rely on to make decisions in your best interests.
What are the 4 Types of Power of Attorney in California?
California recognizes four types of power of attorney: general, special, limited, and durable.
- General Power of Attorney grants broad powers to an agent. This type of power of attorney is usually used when the principal is unable to manage their own affairs.
- Special Power of Attorney gives limited authority to an agent. This type of power of attorney is used for specific transactions such as selling a car or selling real estate.
- Limited Power of Attorney gives very specific powers to an agent, such as signing documents on behalf of the principal.
- Durable Power of Attorney lasts even if the principal becomes incapacitated. This type of power of attorney is used when the principal wants an agent to be able to act on their behalf even if they cannot make decisions.