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California Statutory Power Of Attorney fillable Form: What You Should Know

California Code of Civil Procedure, Section 1135). Frequently Asked Questions The power of attorney is for the purpose of representing you in your own personal interests. You do not need to give your financial interests when you create the power of attorney. You can represent yourself in all important areas of your life, whether it's buying a medical plan, buying a home, or dealing with certain business transactions.

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Instructions and Help about California Statutory Power Of Attorney fillable form

I want to tell you a story. This is probably the story that made the most difference in my law practice, just early on as I started practicing law. This is the story about Mrs. Will and Mrs. Trust. During one week, I was visited by two widowed ladies. They didn't know each other, they didn't come together, and they didn't come at the same time. The first lady I'm going to call Mrs. Will. That's not her real name, but you'll see why I colored that in the story. She said, "Mr. Allen, I've been to my doctor and he tells me I'm suffering from terminal cancer. I have only about six months left to live. I'd like to have a new will prepared so I can leave everything in proper order for my family." So we visited for a while. I took some notes. She had an average-sized estate. She wasn't wealthy, but she owned her home, she owned a second home in Colorado, she had some stocks and bonds, some bank accounts, and she owned an antique doll collection which her granddaughter had fallen in love with. So I prepared a will for her. In that will, I told who was going to receive what. Her granddaughter was going to receive that antique doll collection, among other things. She came back and reviewed the will and found it was to her liking, so she signed it and went her way thinking everything had been taken care of. Well, about six months later, Mrs. Will's son came to see me. He said, "Mrs. Will passed away, and I know you prepared her will for us, so I'd like your help in settling the estate. I named you as the personal representative in her will." So I told him what his duties...