Life is unpredictable,and to protect yourself and your loved ones, it would be better to create a power of attorney following your circumstances. Of course, they will differ for every other Connecticut resident. Fortunately, there are many Connecticut power of attorney forms, and below, you will see the most common of them:
General Power of Attorney
A general proxy provides the agent with authority to deal with money-involved matters on behalf of the donor, regardless if it’s business or personal finances. Yet, this power of attorney loses its legality when the grantor dies or can no longer function correctly.
Parental (Minor Children) Power of Attorney
Parents living in Connecticut with their minor children may be suddenly forced to leave the country for an uncertain period with no particular return date. In such a case, a parental proxy will help them to designate a responsible adult to act as a temporary guardian of their underage kids and make crucial decisions concerning them. A common misconception lies in the fact that many think that resorting to such a juridical document will eventually lead to them losing their parental rights. Yet, it is not true at all. But if you worry that something can go wrong, it is best to get a consultation from a diplomaed lawyer.
Durable Power of Attorney
A durable proxy presents the private attorney with the possibility to act in the principal’s name under particular circumstances. Such a power of attorney form remains legally binding even after the grantor develops a physical/intellectual disability.
Limited Power of Attorney
This power of attorney type is often called a special proxy. In the prevailing number of situations, this legal instrument endows the assigned representative with the power to deal with the donor’s financial or health-related matters. At the same time, the agent may not be granted the authority to manage the grantor’s property and other material possessions. When the principal passes away, a limited proxy also terminates.
Appointment of Healthcare Representative
The next Connecticut power of attorney type represents a proxy allowing the chosen private attorney to make vital medical decisions on behalf of the POA’s creator. An appointment of a healthcare representative is mostly used by terminally ill people or elders with senile dementia.
Real Estate Power of Attorney
With the help of the following proxy, the allocated agent can purchase, sell, or otherwise manage the principal’s property.
Vehicle Power of Attorney
This one lets the attorney-in-fact handle all documentation regarding the donor’s automobile(s) and other vehicles’ ownership rights and registration paperwork.
Revocation of Power of Attorney
The revocation POA annuls the existing proxy and cancels the agreement between the grantor and their private attorney.
State Tax Power of Attorney
Since every resident of the state of Connecticut must pay their bills and taxes, a local state tax power of attorney (also known as the Form LGL-001) will come in handy should any Connecticut citizen fall ill or become disabled. This legal paper grants a responsible individual (desirably, an accountant) the right to deal with and transfer tax filings in your name.