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A power of attorney is a legal document in which one person, called a "principal," appoints another person, called an "agent" or "attorney-in-fact," to act on behalf of the principal. Actions taken by the agent under a power of attorney are viewed by the law as if they were performed by the principal. A principal who is not disabled or incapacitated can revoke a power of attorney at any time. Powers of attorney can be an important adjunct in an estate-planning program. A power of attorney can permit an agent to handle the principal's affairs and arrange for the principal's care if the principal becomes unable to take care of himself or herself. Topics covered on this page are:
Limited versus general powersA power of attorney can be limited or general. The distinction is:
Missouri power-of-attorney law prohibits some actions by an agent on behalf of a principal, even if the principal wants to authorize such actions. For example, no agent can execute a valid will on behalf of the principal. (A complete list of prohibited actions appears below.) Eligibility to act as an agentAn agent under a power of attorney can be any person 18 or older and is often a close relative, friend, lawyer or other trusted person. Under Missouri law, the agent does not have to be a resident of Missouri, but the following persons are forbidden by law from acting as agents under a power of attorney:
"Durable" powers of attorneyUntil relatively recent changes to Missouri law, a power of attorney became invalid if the principal became incapacitated or disabled (see the Guardian/Conservator page for definitions of these terms). Now it is possible under Missouri law to sign a "durable" power of attorney under which the power of the agent to act for the principal continues even if the principal becomes incapacitated or disabled. A durable power of attorney can be an important adjunct to proper estate planning. For instance, if a principal has a properly prepared durable power of attorney and then suffers a stroke or other incapacitating illness or accident, the agent could continue to act on the principals behalf by paying bills, arranging for care, and making health care decisions. It is possible to write a durable power of attorney so that it will only take effect when the principal becomes incapacitated or disabled or when some other specified event or condition occurs. This is called a "springing" power of attorney because it "springs" into effect only upon the occurrence of the specified event or condition. While a durable power of attorney can continue in effect after the principal becomes incapacitated or disabled, no power of attorney remains valid after the principals death. Powers excluded unless specifiedUnder Missouri law, if a principal wants an agent to be able to exercise certain powers, they must be specified in the power of attorney. Such powers are:
Prohibited powersUnder Missouri law, certain powers cannot be granted to an agent by power of attorney under any circumstances. Even if a power of attorney purported to grant these powers, the agent would not have the legal authority to exercise them. Powers which cannot be granted to an agent under Missouri law are:
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