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Statutory General Power of Attorney Effective Immediately Alabama Form

Statutory General Power of Attorney Effective Immediately Alabama Form

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a general power of attorney is used by an individual who would like someone else to have specific or unlimited control to make financial decisions on their behalf until their death or incapacitation unlike the durable version is a general power of attorney does not remain valid if the principle should become in a mental state where they can no longer make rational decisions for themselves such as being in a coma alzheimers disease vegetative state etc a general power of attorney could be used in case of incapacity inconvenience unavailability or when a person may not be able to handle her day-to-day financial affairs a general power of attorney allows an individual to give someone else the power to act on the individual's behalf to manage financial or other property matters without the need for expensive and time-consuming court proceedings the person who executes a power of attorney is typically referred to as the principal the party the principal of points to make financial a

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