In any case, there are different types of Missouri power of attorney forms, all needed and used for different purposes according to the assignee’s needs.
General Power of Attorney
A general power of attorney form is used any time that an individual wants to pass over responsibility to another person. These cases could include any time that the business can be handled in which an individual cannot act or can include any time that a professional is needed to act on behalf of another person to make decisions.
Durable Power of Attorney
In a durable power of attorney, the same rules apply to that of a general POA. However, in this case, attorneys-in-fact can access the creator’s medical and financial rights from the time of creation until the creator possibly loses mental or physical capacities.
Limited/Special Power of Attorney
Limited or special power of attorney is used to grant a person or group of individuals the right to act as the principal for a specified amount of time. These are most often used in cases where assignees wish to designate a specific type of responsibility to the individual assigned or only needed to act in their place while another business is being handled.
Parental Power of Attorney
Any time a parent is needed out of the country for an extended period, they can use a parental power of attorney to hand over responsibilities and guardianship to a trusted individual. With this form, the chosen individual will be able to make decisions for the dependent of another while they are absent or unable to do so themselves. This could be used for many circumstances and can come in handy anytime there a parent leaves on business.
State Tax Power of Attorney
In Missouri, the state tax power of attorney (form DOR-2827) is used when an individual that pays taxes to the Missouri Department of Revenue would like to assign the responsibility of filing taxes to another trusted individual. It involves a few legal papers that all parties must sign and date for the entire process to be noted as legal. While this is giving the responsibility to another person and taking it out of someone else’s hands, the individual or assignee is still solely responsible in the case that there are any misfiled documents or any unpaid taxes. Even if it was the assigned individual’s fault, the original taxpayer would assume all responsibility, facing the circumstances that come with failure to file taxes properly or pay the amount due for that particular tax year.