Louisiana Limited Power of Attorney Form
A Louisiana limited power of attorney is a form completed by a principal to give an agent the means to act in their place. A principal can use this form during property sales, money transfers, or document signing. When completing the assigned tasks, the agent may need to present the signed limited power of attorney, so both parties must retain a copy.
A limited power of attorney works by giving an agent the legal ability to complete tasks for a principal. It is not long-lasting as it expires once the agent has finished all duties, the document reaches its end date, the principal removes the agent’s power, or the agent acts beyond the given commands.
The principal needs to be as specific as possible when writing the form so that the agent knows what they need to do. This step also protects the principal since it limits the agent’s abilities. Because it is crucial to choose a responsible and trustworthy agent, the principal often selects a family member, close friend, or business partner.