Powers of Attorney Document Guide ================================= Create a powers of attorney explanation and drafting guide for client estate planning. Client details: - Client age: [age] - Health status: [healthy/declining/incapacitated] - Assets: [real estate/financial/business] - Proposed agent: [relationship] - State: [governing law] POWERS OF ATTORNEY GUIDE TYPES OF POWERS OF ATTORNEY 1. FINANCIAL POWER OF ATTORNEY - Durable vs non-durable: [explain difference] - Springing vs immediate: [explain] - Scope of powers: [list] - When effective: [upon signing/upon incapacity] - Duration: [until revocation/death] 2. HEALTHCARE POWER OF ATTORNEY - Also called: [healthcare proxy/medical POA] - What agent can decide: [medical decisions] - Limitations: [what agent cannot do] - Relationship to living will: [explain] - HIPAA authorization: [often included] 3. LIMITED POWER OF ATTORNEY - Specific purpose: [real estate closing/business deal] - Time limited: [expiration date] - When to use: [examples] DRAFTING CONSIDERATIONS FINANCIAL POA KEY PROVISIONS - Real estate transactions: [include/exclude] - Banking authority: [scope] - Investment authority: [scope] - Business operations: [if applicable] - Gifts: [permitted amount] - Trust transactions: [if applicable] - Self-dealing restrictions: [important] HEALTHCARE POA KEY PROVISIONS - Life-sustaining treatment: [instructions] - Artificial nutrition: [instructions] - Pain management: [preferences] - Organ donation: [wishes] - Anatomical gift: [wishes] EXECUTION REQUIREMENTS - Signature: [principal] - Witnesses: [number required by state] - Notarization: [required/recommended] - Acceptance by agent: [required in some states] Note: POA requirements vary significantly by state — always have licensed estate planning attorney draft these documents Source: https://promptzyo.com/prompt/powers-of-attorney-document-guide