GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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21:01 Mar 29, 2015 |
Polish to English translations [PRO] Law/Patents - Law: Contract(s) | |||||||
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| Selected response from: mike23 Poland Local time: 05:20 | ||||||
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Summary of answers provided | ||||
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3 +4 | general agent/attorney vs special agent/attorney |
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general agent/attorney vs special agent/attorney Explanation: general agent/attorney vs special agent/attorney OR representative They act either under a general power of attorney (hence 'general') or a special (aka specific or limited) power of attorney A General Power of Attorney gives your agent the authority to handle all your affairs during a period of time when you are unable to do so, such as when you are traveling out of the country or when your physical and/or mental health are compromised. A General POA can be included as part of your estate plan to ensure that your financial affairs will be tended to in the event that you are unable to do so. A General Power of Attorney is typically very broad, giving the agent extensive powers and responsibilities. A Special, Specific or Limited Power of Attorney gives your agent the authority to conduct a specific act or acts on your behalf. Because this type of Power of Attorney is limited to the act or acts designated in the document, it is especially important to be very clear about the powers you wish to appoint to your agent. http://www.doyourownwill.com/blog/general-vs-special-power-o... -------------------------------------------------- Note added at 20 mins (2015-03-29 21:22:51 GMT) -------------------------------------------------- Other options include: specific/limited agent/attorney/representative (for "pełnomocnik szczególny") |
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