Tips when drawing up a POA
When drawing up a Power of Attorney (POA):
• Clearly define the powers granted to avoid ambiguity.
• Ensure compliance with state laws for validity.
• Select a trustworthy and competent person.
• Include detailed instructions to guide the agent.
• Specify if the POA should remain effective if you become incapacitated.
• Understand how to revoke or update the POA if needed.
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