General Power Of Attorney In Florida

In this discussion post, I will discuss the general power of attorney in the state of Florida. This form is very important, because it could be one of the biggest decisions you can make with your life. With a general power of attorney form, you need to make sure you grant this power to someone who you trust with your life as well as financial, health and legal affairs. I can also see this becoming pretty common for people who are retired. This allows them to have someone handle their money while they sit back and watch their money moving from a distance. I do see some positives coming from signing this document, but I think this transfer of power is very broad and can be a little tricky. This general power of attorney form is mainly popular
with business partners as long as the principal is thinking correctly and is able to oversee the agent’s financial actions. Although the grantor has the right to revoke this power at any time, there is really no telling how much damage the agent has already done. If the granter who signed a general power of attorney becomes incapacitated or is no longer able to think for himself, the form becomes void as well. There is a large amount of trust that comes with signing this document and both parties need to have a large amount of integrity. I would like to know what happens if the agent was to take everything the grantor had in his possession and turned it over to himself. This is something that I have personally seen happen with a close friend of mine.