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Limited Power of Attorney for Stock Transactions and Corporate Powers Massachusetts  Form

Limited Power of Attorney for Stock Transactions and Corporate Powers Massachusetts Form

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welcome and thank you for joining me in this episode we're going to talk about financial Powers of Attorney you may have heard the term Financial power of attorney you may have heard durable power of attorney you may have heard general power of attorney or even General Financial power of attorney but these documents effectively do the same thing in a power of attorney you're naming somebody else your agent to act on your behalf in ance with the terms provided for in the document specifically in reference to financial and legal matters by designating this person your agent you are creating a fiduciary relationship this person has a legal requirement to act in your best interest and in ance with your wishes as they know them to exist a power of attorney can be very broad or it can be very limited it can cover a lot of things or it could be restricted and only cover a couple of different things in the estate planning context it is far more common to see broad Powers of Att

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