OFFICE OF THE MAINE ATTORNEY GENERAL

Visiting, or interacting with, this website does not constitute an attorney-client relationship. A power of attorney allows you to choose who will act for you and defines his or her authority and its limits, if any. The supportive power of attorney can be limited to assisting with financial or personal matters or both, or for a specific purpose. The person who makes the power of attorney is known as the principal; the person appointed to act for them is known as the attorney.lawyers legal advice
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The Act allows the person appointing an attorney (the principal) to give the attorney specific directions on how the attorney is to act on behalf of the principal. For example, you may wish to permit your attorney-in-fact to make “annual exclusion” gifts (up to $14,000 in value per recipient per year in 2013) on your behalf to your children and grandchildren.
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Becomes your paid carer or health-care provider — If your attorney becomes your paid carer or health-care provider, your enduring power of attorney is revoked to the extent that it gives that attorney power for a personal matter. The general power ends once your attorney has completed the task or tasks you specified or when you withdraw it. Your lawyer can advise you how the power can be withdrawn.attorney in fact
Commercial finance attorneys assist borrowers and financers in structuring, negotiating, and documenting commercial loans, loan modifications, restructurings, and other complex financial arrangements, including leveraged buyouts, acquisition financing, and recapitalizations. Lawyer Services and the individual attorneys represented by them, provide information to this Website, which Provider does not verify, validate or confirm, except as expressly stated in this Website.
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Each attorney must sign and date a statement of acceptance in the appropriate form for the enduring power of attorney to be valid. A springing power of attorney begins only when a specified event occurs, such as when the principal becomes incapacitated. A power of attorney can provide you with both convenience and protection by giving a trusted individual the legal authority to act on your behalf and in your interests.