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Edit Limited Power Of Attorney

Edit Limited Power Of Attorney

Aug 6th, 2022

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How to Edit Limited Power Of Attorney

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A limited power of attorney allows an individual, known as the principal, to delegate specific rights to a trusted person, called the agent, in written form. This document is useful for managing routine personal and financial matters without needing to contact the principal. For example, a book agent may act as the author’s attorney-in-fact, authorized to cash checks and retain a commission before sending the remainder to the principal. Unlike a general power of attorney, which covers a wide range of authorities, a limited power of attorney grants the agent the authority to perform specific actions on behalf of the principal. This document may be needed in situations where the principal requires assistance with targeted tasks.

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