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What is a General Power of Attorney?

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Official General Power of Attorney Forms: https://eforms.com/powerofattorney/...

A General Power of Attorney form gives an individual (an agent or attorneyinfact) the ability to make financial decisions for another individual (the principal). Unlike a Durable Power of Attorney, a General Power of Attorney is no longer valid if the principal becomes incapacitated.

DISCLAIMER: This video is strictly for educational purposes and is in no way intended to provide legal advice. We do not make any warranties about the completeness, reliability, and accuracy of this information. Any action you take upon the information on this video is strictly at your own risk, and we will not be liable for any losses and/or damages in connection with the use of our videos.

00:00 Intro
1:27 Benefits Of A General Power Of Attorney:
1:42 Requirements Of A General Power Of Attorney To Be Valid:
1:49 For A Power Of Attorney To Be Effective
2:06 Requirments For The Principle And The Agent In A General Power Of Attorney:
2:34 Consider The Following When Appointing An Agent:
3:10 Should An Agent Always Be Compensated?
3:24 Agent's Powers And Resignation
3:46 Termination Of A General Power Of Attorney
3:52 A General Power Of Attorney Terminates When:
4:27 Reasons A Power Of Attorney Is Revoked

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