Power of Attorney in Cedar Rapids, Iowa

Find the right Power of Attorney attorney in Cedar Rapids, IA

In Cedar Rapids, Iowa, power of attorney is an arrangement in which one person (the principal) gives another (the attorney-in-fact) the ability to act on the principal's behalf in certain situations, and under certain conditions. Power of attorney might be granted for any number of reasons, but it is most often 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.

The principal can state in advance the scope and nature of the attorney-in-fact's authority. The agreement should be very clear on this matter, so you give the attorney-in-fact enough authority to carry out your instructions, but not more than they need in order to accomplish your objectives. Furthermore, the attorney-in-fact should be someone you trust, such as a family member or life partner. You also need to be aware of the fact that your unique situation, as well as the actions you want the attorney to be able to take on your behalf, will help determine the most effective arrangement.

For instance, some people have specific 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. Therefore, it becomes necessary to have somebody else who knows what they would want, and has the legal authority to give effect to those wishes.

Sometimes, you can find pre-printed forms in Cedar Rapids, Iowa allowing you to easily draft a power of attorney document. In some cases, this may be all you need. These forms already have the basics of such an agreement committed to writing. All you and the other party have to do is fill in the blanks, per the instructions, and possibly have the forms notarized.

Types of Power of Attorney Arrangements in Cedar Rapids, Iowa

In Cedar Rapids, Iowa, power of attorney can take three basic forms. They are as follows:

1. Limited power of attorney - this allows 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 occurring 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 finalize 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, completing 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 particular, specified 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 allows the attorney-in-fact to make important 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 similar to durable power of attorney, but the power is conditional. That is, it does not take effect unless some specific event takes place. This event can be anything. Most often, however, the agreement allows 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 actually "incapacitated" to the point that the power of attorney has been triggered. This can lead to a court of law having to decide the issue.

Can a Cedar Rapids, Iowa Lawyer Help?

Because there are sometimes complicated issues involved in setting up power of attorney in Cedar Rapids, Iowa, you should consult with a lawyer beforehand. You can tell the lawyer all of the relevant details about your particular situation, and your goals, and he or she will be able to advise you on the best course of action.

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

Life in Cedar Rapids

Cedar Rapids is Iowa's second largest city, neighboring the Linn County line and Cedar River. It is about 100 miles from the capital, Des Moines. The city is home to approximately 126,326 people. The dominant industries in the area are the transportation industry and the health care industry.

Cedar Rapids is one of the largest cities in the world for corn processing. Grain processing is the most important sector in the city because most of the residents are employed within it. Large companies that have a location in Cedar Rapids include Rockwell Collins, Quaker Oats, Archer Daniels Midland, General Mills and Nordstrom. To serve these corporations and industries, Cedars Mills is home to many law firms and lawyers, well-experienced in all areas of practice.

Popular figures who have once called Cedar Rapids home include Grant Wood, William L. Shirer, Carl Van Vechten, Bobby Driscoll, Ashton Kutcher, Elijah Wood, and Ron Livingston.

Popular attractions in the area include the Cedar Rapids Museum of Art, the National Czech Slovak Museum Library, Theater Cedar Rapids, and the Paramount Theater.

Clients Rate LegalMatch Attorneys
(click to read reviews)

Regel B.
Regel B.

Wills, Trusts and Estates

Caldwell, LA

Brad M.
Brad M.

Wills, Trusts and Estates

Sussex, NJ

David L.
David L.

Wills, Trusts and Estates

Ashland, OH

Gotham Light