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One granter can appoint up to four attorneys with continuing power of attorney
This agreement allows the granter to appoint up to four attorneys
to run his affairs for him incase he becomes incapable of doing
so. The continuing power of attorney is a little bit more complex than
the general or specific power of attorney, but all the same it should
be done easily. The people that you are allowed to appoint are called
attorneys and you can appoint them immediately while you are still
able to run your affairs or when you become incapacitated. For the
attorneys to be able to operator within the parameters that are
defined by the, continuing power of attorney, the document has to be
registered with the Public Guardian.
You are advised to register it straight away after it is drafted,
filled up with all the relevant details and then signed and sealed by
the notary public. The continuing power of attorney is very specific
in that it only gives power to the attorneys, to execute the affairs
of your business and not to manage your health issues. The document
comes in a full package that requires you to present several documents
before it can be registered with the Public Guardian. These ones
differ from state to state and from country to country. All the same,
it is man easy clean deal and it still gives you the right of
revocation any time you wish, provided that you keep mentally sound
and healthy.
Therefore, this kind of power of attorney can only apply in a
situation where you only wish to be assisted with the general
execution of your business activities, and the management of your
estates. As well as being registered with the public guardian, this
power of attorney document must as well incorporate the certificate
that has been signed by a member of either the legal or the medical
fraternity. This certificate is very important because it will be
attached to the revocation letters if the need arises to revoke the
continuing power of attorney.
As long as the granter is of sound mental capacity, then he/she can
revoke the power of attorney as and when he likes, without
question. What they would have to do is to inform the four attorneys,
in writing of course, that their power of attorney has been
revoked. Each attorney should get his/her letter informing them of
this decision. Once the attorneys receive their letters, then from
that moment onward, the deal is considered null and void. Revocation
can be done either before or after registration with the Public
Guardian.
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