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Maryland Statutory Power of Attorney 17 203 Form

Maryland Statutory Power of Attorney 17 203 Form

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[Music] hi my name is susan land and i'm an attorney with the rubin law firm people often call here asking for a power of attorney so let me explain to you exactly what a power of attorney is that document is one in which you grant somebody the authority to handle your assets and your income it can be as broad or as limited as you want as part of estate planning we at ruben law use the maryland statutory power of attorney form the benefit to using this form is that all banking institutions and financial institutions as well as anyone else must accept it or they will wind up paying your attorney's fees to get them to accept it in a power of attorney you have the ability to name the person who you trust the most to take care of you and your assets should the need arise a power of attorney can either be effective immediately or can spring into effect when you become disabled it will also terminate immediately upon your passing or upon the death or disability of your agents

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