as an example.

What is a Limited Power of Attorney Form?

A Limited Power of Attorney (LPOA) is a legal document that gives someone else the authority to act on your behalf. The document may include financial, legal, or medical decisions. It can be used for a specific transaction, such as closing on a home, or for ongoing decisions, such as managing finances or health care. The document will specify exactly what authority the other person has and under what conditions it can be used.

Types of Limited Power of Attorney Forms

There are two main types of Limited Power of Attorney forms. The first type is a general LPOA, which is used to give someone the authority to make all kinds of decisions on your behalf. The second type is a special LPOA, which is used to give someone the authority to make a specific decision or type of decision. For example, you might use a special LPOA to give someone the authority to make medical decisions for you if you are unable to do so.

When to Use a Limited Power of Attorney Form

A Limited Power of Attorney form is a useful tool when you need someone else to make decisions on your behalf. It can be used in a variety of situations, such as when you’re out of town and need someone to manage your finances, or when you’re unable to make medical decisions due to illness or injury. It also can be used to give someone the authority to close on a home on your behalf.

What to Include in a Limited Power of Attorney Form

It is important to make sure that your Limited Power of Attorney form is detailed and specific. The form should include information about the powers you are granting, the duration of the document, the name of the person you are granting the powers to, and any other conditions or restrictions. It should also be signed by both parties and notarized.

Sample Limited Power of Attorney Forms

Below are three sample forms for a Limited Power of Attorney. Please note that these forms are for reference only and should not be used without consulting an attorney.

Sample 1 – General Limited Power of Attorney

I, [Name], grant [Name of Attorney-in-fact] the authority to act on my behalf and to make all decisions in my best interest. This authority includes, but is not limited to, the power to make financial, legal, and medical decisions. This authority is valid until [date], or until I revoke it.

Sample 2 – Special Limited Power of Attorney

I, [Name], grant [Name of Attorney-in-fact] the authority to make financial decisions on my behalf. This authority is limited to the purchase and sale of real estate, the opening and closing of bank accounts, and the management of my investments. This authority is valid until [date], or until I revoke it.

Sample 3 – Medical Limited Power of Attorney

I, [Name], grant [Name of Attorney-in-fact] the authority to make medical decisions on my behalf in the event that I am unable to do so. This authority includes the power to consent to medical and surgical treatment, access my medical records, and make decisions regarding my care and treatment. This authority is valid until [date], or until I revoke it.