Power of Attorney in Union City, New Jersey

Find the right Power of Attorney attorney in Union City, NJ

In Union City, New Jersey, "power of attorney" refers to a variety of different legal arrangements. However, the different systems which fall under the umbrella of that term have one thing in common: if somebody grants power of attorney to somebody else, the person with power of attorney is authorized to make certain decisions on behalf of the person who granted it. There are many reasons why a person might want to grant this power to another, but it often granted in contemplation of the possibility that the grantor might become unable to express his or her wishes due to some form of incapacity.

Any power-of-attorney arrangement creates the possibility that the attorney-in-fact will abuse the power he or she has been granted, and it's simply not feasible to completely eliminate this possibility. It can be minimized, however, by giving the attorney the bare minimum amount of authority 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 granting power of attorney, you can generally 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, if you have very specific wishes concerning end-of-life care, you should, of course, make them clear to the person who will be acting on your behalf, and make sure they are prepared to carry them out. You should then grant them power of attorney, with the scope limited to certain healthcare and financial decisions. That way, if you become incapacitated, your loved one will be able to carry out your wishes, even if you are unable to express them.

In Union City, New Jersey, 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 Union City, New Jersey

In Union City, New Jersey, there are 3 forms of power of attorney. They are:

1. Limited power of attorney - limited power of attorney gives the attorney-in-fact the power to act on your behalf on a single issue, in a single transaction. For example, if you are buying a house in another state, you may wish to grant limited power of attorney to a friend or relative who lives in that state, so they can sign all of the relevant documents on your behalf, so you don't have to incur travel expenses. For obvious reasons, you should only grant this power to someone you trust. Once the transaction is complete, the power of attorney automatically disappears.

2. Durable power of attorney - unlike limited power of attorney, this does not automatically expire, and can last as long as the principal wishes. It can also be revoked by the principal. For example, if you want someone to handle your financial affairs for a time, you can give them the relevant authority in your power of attorney agreement, and it will last as long as you want it to. Of course, you should only give such power to someone you trust.

3. Springing power of attorney - springing power of attorney is much like durable power of attorney, with one key difference: the power only takes effect upon the happening of a certain event. The principal is free to set whatever conditions they like in this arrangement, no matter how outlandish. Of course, in most cases, the setup is much more practical. A common arrangement allows a close friend or family member to make certain decisions for someone else, but only if that person becomes unable to make them himself.

Can a Union City, New Jersey Lawyer Help?

Creating a power of attorney agreement in Union City, New Jersey is not always easy. And even if the arrangement you want to set up is relatively simple, it might still be a good idea to have a lawyer go over it, just to make sure that there are no flaws that might prevent it from being implemented.

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

Life in Union City

Union City is situated in Hudson County in the state of New Jersey. Its population is just over 67,000, but it is the most densely populated city in the entire U.S. Union City is nicknamed both the "Embroidery Capital of the United States" and "Havana on the Hudson". These nicknames come from the waves of German and Cuban immigrants that greatly influenced the city's culture.

Union City is famous for being an outstanding place for retail and business. The centerpiece of the city is Bergenline Avenue, which is the longest commercial avenue in New Jersey. Bergenline Avenue features over 300 retail stores and eateries, and has been locally nicknamed as the "Miracle Mile". The area is the main commercial landing for the Northern Hudson County area.

In addition to Bergenline Avenue's influence, many businesses are flocking to Union City to take advantage of its favorable business sales tax incentives. Union City is located within in the Urban Enterprise Zone, which is a New Jersey Program established in order to assist cities in their commercial development. Revenue generated from the tax breaks is collected into a fund to assist Union City commercial projects.

Lawyers in Union City, New Jersey typically process legal claims at the Hudson County Municipal Court. Serving the nation's most densely populated city, Union City lawyers are accustomed to addressing a variety of unique and challenging legal issues.

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