A power of attorney letter can be "limited”, which can give authority to an attorney for a limited task (e.g. sell a house) or give them authority for a specific period of time. It is also referred to as special power of attorney. The limited power of attorney is usually used to allow the agent to handle specific matters when the principal is unavailable or unable to do so.
How do you write a Limited power of attorney?
To create a limited power of attorney, you must fill out a legal POA form establishing your guidelines and restrictions for your chosen person, or agent. This may include a timeline, financial access, and specific decision guidelines.
Your form needs to have these points:
- Principal’s full name,
- Social Security Number (SSN),
- Name of Attorney In Fact/Agent,
- Phone number.
Then you need to specify the limited powers in which the Agent will have the authority to undertake on behalf of the Principal.
The Principal may indicate their preference for revocation of the document by initialing and checking one of the options If a specific date is preferred, enter the date in dd/m/yy format. Then you need to provide the state in which the document would be governed.
In some cases, the limited power of attorney is revoked after the grantor dies or becomes disabled. Most limited power of attorney forms isn’t used after the death of the grantor since they usually aren’t involved in estate planning.
After downloading this form and filling in the blanks, you can easily customize the style, typography, details, and appearance of your Limited power of attorney form. If this isn't the right document that you are looking for, then certainly take a look at the other letters that Bizzlibrary.com has to offer. We have many letters ranging from cover letters to business letters and thank you notes.
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