What Is Power Of Attorney California

The california probate code sections 4000 to 4545 has california s power of attorney laws specified.
What is power of attorney california. This is the most flexible and permissive form of a power of attorney. In california the first type of power of attorney is a durable power of attorney. The california limited power of attorney form otherwise known as a specific power of attorney allows a resident of the state to designate an agent to take care of a specific financial matter on their behalf. A durable power of attorney allows you to act on behalf of another person for all day to day financial decision making.
When a power of attorney is written it will generally name someone the attorney in fact sometimes referred to as an agent in some states who will be acting on your behalf. A durable power of attorney is an important legal document. If a representative only needs to review tax information a taxpayer can establish a tax information authorization tia relationship. By signing the durable power of attorney you are authorizing another person to act for you the principal.
California power of attorney forms can be used to grant certain powers to a trusted friend or relative in the event the person granting the powers or principal is unable or unavailable to act when required. Such legal documents are governed by the california probate code sections 4000 4545. A california limited power of attorney can be prepared to allow your agent to act only in a narrow specifically defined situation. The matter can be as small as picking up a car to as big as selling or buying real estate.
A power of attorney poa declaration gives another person the legal right to. Look at your account information. The person receiving the power of attorney which means agent is attorney in fact for the person giving the power and usually signs documents as melinda hubbard attorney in fact for guilda giver. As the principal you choose a trusted person to be your agent or attorney in fact who can then perform any actions you want them to perform.
For example you can authorize your agent to represent you only in a single real estate transaction or to represent you for a short period of time while you are out of the country. California general durable power of attorney the powers you grant below are effective even if you become disabled or incompetent caution.