Power Of Attorney
A power of attorney (POA) is a written authorization to represent or act on another’s behalf in financial affairs or some other legal matter. The person authorizing the other to act is the principal. The one authorized to act is the agent or attorney-in-fact.
We prepare and notarize powers of attorney for clients.
There are two types:
1) Those effective immediately;
2) Those effective upon the principal’s incapacity.
We can explain the differences and implications of the two kinds. The most common is the latter, known as a “springing” power of attorney.
What is a durable POA?
The word durable indicates that it survives the principal’s incapacity.
What does a POA cost?
At our firm, we would charge $125 to create and notarize a springing durable power of attorney that is modeled on the current California statute.