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This Limited Power of Attorney is used by an individual to grant specific powers to an agent. This document specifies particular acts that an attorney-in-fact may perform on behalf of the individual. Unlike a general power of attorney, which allows the attorney-in-fact to perform all acts the individual could do personally, this document limits the attorney-in-fact's authority to perform certain functions. Some common powers granted are collection of debts, borrowing money, and acquisition of property. This form is highly customizable and should be used by individuals wishing to grant only certain powers to an agent.
Power of Attorney – Specific Powers This power of attorney can be used to grant specific powers to an agent. Rather than a general power of attorney that grants broad powers, the principal must clearly specify which powers they want the agent to have with this power of attorney. Simply enter your information in the yellow highlighted fields, delete the bolded instructions, and you will have a customized power of attorney that will protect your interests. POWER OF ATTORNEY – SPECIFIC POWERS I, ___________________ [Instruction: insert name] of ____________________ [Instruction: insert address], hereby appoint ___________________ [Instruction: insert name] of ____________________ [Instruction: insert address], as my attorney in fact to act in my capacity to do any and all of the following: 1. _______________________________________________________________ 2. _______________________________________________________________ 3. _______________________________________________________________ 4. _______________________________________________________________ 5. _______________________________________________________________ [Instruction: describe specific activities for which you are granting this power of attorney] The rights, powers, and authority of my attorney-in-fact to exercise any and all of the rights and powers herein granted shall commence and be in full force and effect on the ___ day of __________, 20____, [Instruction: insert date] and shall remain in full force and effect until the ___ day of __________, 20____, [Instruction: insert date] or unless specifically extended or rescinded earlier by either party. Dated: __________, 20____ [Instruction: insert date] By: ______________________________________ _______________________ [Instruction: insert name] NOTARIAL ACKNOWLEDGEMENT STATE OF _____________ COUNTY OF_______________ BEFORE ME, the undersigned authority, on this _________________ day of ______________, 20____, personally appeared ___________ to me well known to be the person described in and who signed the foregoing, and acknowledged to me that he executed the same freely and voluntarily for the uses and purposes therein expressed. WITNESS my hand and official seal the date aforesaid. _____________________ NOTARY PUBLIC My Commission Expires: __________________ © Copyright 2013 Docstoc Inc. registered document proprietary, copy not 2
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