A power of attorney is a document in which you authorize another person to act on your behalf. We can help you prepare a notarized general power of attorney, which gives broad powers to your mandatary, or a specific power of attorney to give them only certain powers.
When is a notarized general power of attorney useful?
When prepared by a notary, a general power of attorney is deemed “authentic,” meaning that it’s more difficult and nearly impossible to contest in court You are also benefiting from legal advice from a professional who specializes in drafting contracts. Additionally, since the notary keeps the original of your power of attorney, there’s no risk of it being lost or destroyed. A notarized general power of attorney can be useful when you need to entrust the management of your affairs to an authorized person.
Differences between powers of attorney and protection mandates
For starters, a power of attorney is only valid if you are capable and lucid. In the event you become incapacitated from a legal standpoint, the power of attorney is automatically revoked. That’s when your protection mandate comes into play—it’s the only document that can be used in case of incapacity.
If you think you might need a specific or general power of attorney, please feel free to contact us.
