Circumstances in your life are always changing. This can include the amount of property you own, and how you’d like to manage your property. This is one reason why it is important to create a power of attorney agreement, whereby you, as the principal, would grant some power over your property to another person, known as your agent. By doing so, you can relieve yourself from performing certain mundane financial transactions like picking up checks and depositing them into your accounts. Health care power of attorney can be used to appoint an agent to make decisions for you regarding medical treatment in the unfortunate situation where you cannot communicate your wishes yourself. Read the State Statutes to find out more about the specific laws in Michigan.
- Minor Child (Parental) – http://www.legislature.mi.gov
- Vehicle – http://www.michigan.gov/documents/tr-128_16190_7.pdf
- Tax (151) – http://www.michigan.gov/documents/151f_2765_7.pdf
- Revocation – http://www.megadox.com/d/1798