When Does My Agent's Authority Start?
Your power of attorney should
specify when the authority you give your agent starts. If your power of attorney does not specify
when your agent’s authority starts, then his/her authority starts when you sign
your power of attorney. People often
give their spouse or domestic partner a power of attorney that starts
immediately.
Your power of attorney can provide
that your agent’s authority starts on a specific date or when a specific event
occurs. This is called a springing power
of attorney. An example of a springing
power of attorney is one that becomes effective only if you are incompetent to
handle your own affairs. You are
incompetent to handle your own affairs if you have:
A.
An impairment in your ability to manage your property
or business affairs;
B. An
impairment in your ability to make or communicate decisions even with the use
of technological assistance;
C. If
you are missing; or
D. Outside
the United States and unable to return.
Your springing power of attorney should
name one or more persons (other than your agent) who are authorized to
determine in writing whether the specific event has occurred. If the specific event is that you are
incompetent, that person has the right to access your health and Social
Security records and to communicate with your health care provider. If you do not name anyone, then your power of
attorney becomes effective when a physician says in writing that A or B above
exists or an attorney or judge says in writing that C or D above exists.
Thomas T. Tornow has 33 years of
experience helping people with their powers of attorney. Contact his office at www.tornowlaw.com to schedule your free
consultation.
Thomas T. Tornow, P.C.
By: Thomas T. Tornow
This post is exclusively for informational purposes. It is not legal advice. Viewing this post, using information from it, or communicating through this blog does not create an attorney-client relationship. Thomas T. Tornow, P.C. is not liable for the use or interpretation of information on this blog and expressly disclaims all liability for any actions you may or may not take based on the content of this blog.
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