An Enduring Power of Attorney is an important legal document you can use to appoint someone to make financial and legal decisions on your behalf. If you are the one passing the authority to someone else you are called the donor. The person you pass the authority to is called the attorney.
A Non-Durable Power of Attorney is most commonly used for temporary or specific transactions in which the adult is not able to participate, for whatever reason.
This document gives an agent authority only in specific situations named in the document, such as operating a business, making gifts or donations, collecting debts, or closing the sale of a home and distributing the proceeds.
A durable Power of Attorney authorizes your agent to continue to act for you after you become incapacitated. This document ends at your death. It can take effect as soon as you sign it.
A general Power of Attorney gives another person the authority to do whatever you can do. Think very carefully before signing this type of document. It should be used sparingly. This document ends when you become incapacitated or die.
A springing Power of Attorney can be written so it goes into effect if you become incapacitated. Be very careful to define clearly exactly how others will determine that the "springing event" has occurred.
Through a Limited Power of Attorney you authorize another person to do specific things for you for a limited period of time, or in certain circumstances. The limited power of attorney (POA) ends if you become incapacitated or die.
While the durable power of attorney is used for property management purposes, the medical power of attorney is used for making healthcare decisions. Every state has enacted legislation authorizing the use of this device, although the various statutes use different names for the instrument.
A letter from one company to another acknowledging a willingness and ability to do business. A letter of intent is most often issued as acknowledgement of the fact that a merger between companies or an acquisition is being considered seriously.
A Delivery note is document accompanying a shipment of goods that lists the description, grade, and quantity of the goods delivered. A copy of the delivery note, signed by the buyer or consignee, is returned to the seller or consignor as a proof of delivery.