It is hard to predict what tomorrow will bring, and that is why it is of utmost importance to be well prepared in case of a tragedy or severe trauma. Regardless of your circumstances, your POA goals will be considerably different from those of another Florida citizen. Therefore, there are many Florida power of attorney forms. Take a closer look at the ones widely used in this state:
General Power of Attorney
This proxy form in Florida allows the private attorney to take care of all financial aspects of the principal’s life instead of them. The agent is provided with the responsibility to act in the name of the donor. With the passing of the POA’s creator or them becoming incapacitated, the authorization offered by this legal document also expires.
Durable Power of Attorney
A durable proxy acts as an “extended version” of the previous POA form, as it exceeds the parameters of a general proxy. It is known as durable since it remains legally binding even upon the donor’s developing incapability.
Limited Power of Attorney
A limited power of attorney features restricted authority over everything specified by the grantor. In an overwhelming majority of situations, the attorney-in-fact has the right to control finances and healthcare-related aspects of the author of a POA. They are rarely given other powers, such as to acquire or sell property, but it all depends on what the donor decides. The legality of a limited proxy diminishes upon the death of the principal.
Medical Power of Attorney
An MPOA, or the Designation of Health Care Surrogate, as it is called in the state of Florida, must be drawn up following the Florida Health Care Advance Directives (Chapter 765). It comes in handy whenever a person becomes physically and/or mentally incompetent to make tough calls about their well-being and drug treatment. Thus, a fatally ill individual, a person with senile dementia, or those who work in a dangerous environment, might need to complete such a form.
Parent Power of Attorney
The following type of power of attorney helps a caregiver to allow the selected temporary custodian to make decisions regarding the well-being and health intervention of their underage kids. Suppose a parent cannot be physically present during a medical emergency due to them leaving the country for a particular period. In that case, they are highly advised to resort to this Florida proxy form.
Real Estate Power of Attorney
A real estate proxy allows you to appoint someone else to sell, buy, and otherwise deal with your property on your behalf.
Vehicle Power of Attorney
A vehicle POA is somewhat similar to a real estate proxy, but it allows the agent to handle all essential paperwork related to the donor’s vehicle(s).
Revocation of Power of Attorney
To revoke the current power of attorney, the grantor can use this form to terminate the existing agreement between them and the designated private attorney.
State Tax Power of Attorney
In Florida, such a POA type as a state tax power of attorney (otherwise known as the Form DR-835) allows you to allocate a capable adult (preferably, a certified accountant) to manage tax preparation and payment on your behalf.