Power of Attorney
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Power of Attorney
This Power of Attorney ("the Document") hereby grants [FIRST_NAME_LAST_NAME], referred to as the "Principal", the full and unrestricted authority to act on behalf of [FULL_NAME], resident at [STREET_ADDREEE], [CITY], [STATE], [POSTAL_CODE], referred to as the "Agent".
The Agent is authorized to exercise all powers necessary to manage and conduct [PRINCIPAL]'s affairs, including but not limited to:
1. Handling financial matters, such as managing bank accounts, investments, and real estate properties.
2. Making decisions regarding [PRINCIPAL]'s legal affairs, including executing contracts, settling claims, and initiating or defending legal actions.
3. Managing healthcare-related issues, granting the Agent the authority to make medical decisions, access medical records, and communicate with healthcare providers.
This Document shall remain in full force and effect unless revoked in writing by the Principal. The Agent's powers shall become effective upon [PRINCIPAL]'s severe illness or incapacity, certified by a qualified physician. The Agent shall act diligently and in the Principal's best interests, exercising prudence and care.
This Power of Attorney is to be construed in accordance with the laws of [STATE]. Any interpretation or dispute arising out of this Document shall be resolved through mediation or, if necessary, by arbitration in the jurisdiction of [CITY], [STATE]. The prevailing party shall be entitled to reasonable attorney's fees and costs.
By signing below, the Principal acknowledges understanding of the powers conveyed in this Document and affirms their intention to grant this Power of Attorney.
_________________________
[FULL_NAME] (Principal)
_________________________
[FULL_NAME] (Agent)
Date: [DATE]
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