Skippack Pa Powers of Attorney Lawyers
A Power of Attorney can grant your boss (Agent) the ability to control all of your affairs.
It is a very powerful document; it can permit your Agent the broadest of powers to do anything which you could have done (i.e., give all your money away), but yet, inherent in these broad powers, is the reality that you Agent may actually do anything which you could have done (i.e., give all your money away).
A Power of Attorney can be durable (effective after you are incapacitated), current (effective now), or springing (effective upon the happening of a future event (i.e., the decision by your treating physician that you can no longer act for yourself).
A common misconception is that a Power of Attorney eliminates your ability to act for yourself.
Quite to the contrary, and until you are deemed incapacitated, a Power of Attorney should properly be viewed as a shared authority – you still retain all of the powers and decision making ability that you possessed before you executed the Power of Attorney.