Saturday, July 9, 2016

Springing Power of Attorney

A springing power of attorney is one that only becomes active under certain conditions.

These usual condition is that you are no longer able to make your own rational, informed decisions or are having trouble making decisions.  It usually takes a doctor’s opinion of incompetence to make the power of attorney “spring” into affect.

Determining whether the principal is incompetent enough to start this type of representation is a formal process. Springing powers of attorney are not automatic, and institutions may refuse to work with the attorney-in-fact. Disputes are then resolved in court.



from Protecting You And Your Family http://ift.tt/29WQ3y7


from DeWitt Law Firm, PLLC

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