Which is better Power of Attorney or Guardianship
In this video, you will learn, what is power of attorney, what is guardian ship, what is guardianship attorney? Furthermore, you will understand weather to create power of attorney or guardianship in your particular situation, how to create power of attorney and how to create guardianship.
The video has thoroughly discussed which is better, a guardianship or power of attorney. One thing you need to know is that it all depends on what would be effective.
Whether it’s for business or personal matters, a power of attorney (POA) or letter of attorney gives someone the right to act on behalf of another person. The primary, grantor, or donor is the individual who gives the other person permission to act (of the power). The agent, attorney, or attorney-in-fact in common law jurisdictions is the one who is permitted to act. You can find more about POA in this video.
Protecting people who can’t look after their own well-being because of infancy, infirmity, or impairment is one of the primary purposes of establishing a guardianship attorney.
An appointed legal guardian is a person who has been entrusted with the care of another person, known as a ward, by a court or other legal authority.
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