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Iowa Power Attorney Form

Iowa Power Attorney Form

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Instructions and help about power attorney form

So with a power of attorney, you're enabling somebody else to make acts on your behalf. But you're also retaining the authority to do that yourself. If I nominate you as my financial power of attorney, you, you know, after me executing my power of attorney to you can go out in the world and enter into any financial agreement or financial dealings I could do for myself. Importantly, I also retain that ability for myself as my own financial power of attorney, you would have a duty of a fiduciary duty of loyalty and responsibility to me to only act in my best interest. And obviously, if, as my financial arbitrary you don't do so, I would have the ability to bring an action against you. As I suppose to contrast with between a financial power of attorney and a conservatorship in a conservatorship, the protected party or the ward of the conservatorship is no longer capable of handling their own financial or legal affairs. So if they attempted to, say, enter into a con

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