This General Durable Power of Attorney is a general, durable power of attorney which is effective IMMEDIATELY. You can use this form to appoint an attorney-in-fact (agent) to make decisions regarding property, financial, management, banking, business and other matters for you. The powers granted to an Agent in this Power of Attorney are very broad, but do NOT provide for health care services. This form complies with all applicable state statutory laws.
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Hi this is Joe from power of attorney form calm, and today we're going to go over the four main Kentucky power of attorney forms now if you don't know a power of attorney is its basically just a legal form that allows you to select anyone that you want to act for you for either financial or medical decision-making or acts its most commonly a trusting person, but it can be any one of your choice now getting started we're going to start over on the left over here the Connecticut durable I mean Kentucky durable power of attorney form is allows someone to act on another's behalf for any and all financial powers legal in the state of Kentucky and what makes this form so popular and so common is that it is valid if the principal becomes incapacitated or told by a licensed medical physician that they can no longer make decisions with a clear mind well this basically means is this is very popular especially among the baby boomers because as they get older they start to develop unfortunate things like dementia and Alzheimer's and all these awful things that make it so that they just simply can't handle the financial obligations that they've had their entire life just simple things like paying bills, and you know they're like their mortgage and this form allows them so that if something where they just can't do it anymore should happen there they can select somebody to write the checks and pay all these financial obligations on their behalf, but this form can be used for anything not just that that's just the most common this form can be used for even if you're young in your 20s, and you want someone else if you're going out of the country you want someone else to handle all your financial obligations someone can do it with this form but what you'll most often see with this form is someone will oftentimes get the Kentucky medical power of attorney form as well and this is basically it's self-explanatory it allows someone else to do health care decisions on their behalf, so they can handle things like treatment decisions facilities decision medical facility decisions and only if specifically instructed the right to end medical treatment if their vegetable, and they have no way of coming back, but again you have to specifically write that in your cob attorney form that the person has the right to do that, so these two forms complement each other they're great if you are a service man you're about to head off or if you're a baby boomer, and you just don't know but moving along to the right the Connecticut I mean I'm, so I keep saying that second time I've said that the Kentucky General power of attorney form is the same exact thing as the durable except for the fact that this form becomes void if the principal becomes incapacitated, so this form is perfect if you have a business partner if you have said you have an accountant that handles all your business fees and expenses, and they need to have access but if in the case you were to become incapacitated you...
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