Power of Attorney in Hollywood, Florida

Find the right Power of Attorney attorney in Hollywood, FL

In Hollywood, Florida, power of attorney is an arrangement in which one person (the principal) gives another (the attorney-in-fact) the capacity to act on the principal's behalf in particular situations, and under particular conditions. Power of attorney might be authorized for any number of reasons, but it is most commonly set up to allow the attorney-in-fact to make financial and medical decisions on the principal's behalf in the event that the principal becomes incapacitated.

Any power-of-attorney arrangement creates the possibility that the attorney-in-fact will abuse the power he or she has been authorized, and it's simply not feasible to totally eliminate this possibility. It can be minimized, however, by giving the attorney the bare minimum amount of power needed to carry out your wishes, and making your wishes known in writing (with copies held by at least one other person) well in advance. When authorizing power of attorney, you can typically grant as much authority as you want, so you need to be very careful, and only give this legal authority to somebody you know and trust. Also, you should consider your circumstances and objectives when determining what type of power to grant.

For example, some people have particular wishes, whether based on religion or personal preference, about how they should be cared for at the end of their life. Oftentimes, people who are at the end of their lives become unable to express their wishes. Thus, it becomes necessary to have somebody else who knows what they would want, and has the legal authority to give effect to those wishes.

In Hollywood, Florida, you can find pre-printed power-of-attorney forms in many office supply stores. If the agreement you want to create isn't very complex, these could be a viable and very affordable option. Of course, it never hurts to have a lawyer help.

Types of Power of Attorney Arrangements in Hollywood, Florida

In Hollywood, Florida, power of attorney can take three main forms. They are as follows:

1. Limited power of attorney - this authorizes the attorney-in-fact to act on your behalf on a single subject, in one instance. This is a good option if you are involved in a business transaction happening in another state or country. Suppose you want to buy a house on the other side of the country, and just need to sign a few papers to finish the deal. Rather than incurring the expense of traveling there, you could give limited power of attorney to a third party who lives in that state, and they can sign the paperwork for you, finishing the deal. The power you've granted them would expire automatically once the deal is done.

2. Durable power of attorney - this lets an attorney-in-fact make decisions in a certain, defined area of the principal's affairs. Durable power of attorney doesn't automatically disappear, and can last indefinitely, or until the principal revokes it. This can be very useful, because it authorizes the attorney-in-fact to make critical decisions for the principal, but allows the principal to revoke the power if they regain the capacity to make their own decisions.

3. Springing power of attorney - this is close to durable power of attorney, but the power is conditional. That is, it does not take effect unless some certain event takes place. This event can be anything. Most commonly, however, the agreement authorizes the attorney-in-fact to make important medical and financial decisions for the principal, only in the event that the principal becomes incapacitated. However, there are sometimes disagreements over whether or not a person is really "incapacitated" to the point that the power of attorney has been triggered. This can lead to a court of law having to determine the issue.

Can a Hollywood, Florida Lawyer Help?

Because setting up a power of attorney agreement is not always simple in Hollywood, Florida, it's never imprudent to at least talk with a lawyer beforehand. As with any legal agreement, there are things that can go wrong, which laypersons may not foresee.

Talk to a Wills, Trusts and Estates Law Attorney now!

Life in Hollywood

Hollywood, Florida is a city in Broward County, located in Southeastern Florida. It has a population of roughly 140,000 people.

Hollywood, FL was founded in the 1920s. It grew steadily from there, and its population boomed for many years after WWII ended, thanks to a period of strong economic growth, a growing population nationwide, and the advent of the modern suburb. Many successful professionals, such as doctors and lawyers, staked their claim in Hollywood, FL during the 1950s and 60s. In addition to working professionals, Hollywood, FL is also a popular destination for retirees.

One of the largest employers in Hollywood, Florida is HEICO - a major manufacturer of aerospace, medical, and telecommunications technologies, for both the government (including the military) and the private sector. As with any large business, HEICO employs or retains a fairly large number of lawyers to deal with the legal issues a large corporation inevitably faces. As a result, HEICO has helped the careers of many Hollywood, Florida attorneys. Hollywood, Florida was also home to the headquarters of Commodore Cruise Lines, before the company was dissolved. Many Hollywood, Florida corporate and bankruptcy attorneys were involved in wrapping up this large company's affairs.

Residents of Hollywood, Florida who need legal advice usually don't have trouble finding a good attorney. Attorneys in Hollywood, Florida are proficient in a wide variety of practice areas, and anyone who has a legal issue is almost certain to be able to find a Hollywood, Florida lawyer who can help them.

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