What is a springing power of attorney?
A)A power of attorney that is transferred to another individual at a defined point of time in a disability.
B)A power of attorney that takes effect at a defined point of time in a disability.
C)A power of attorney that takes effect retroactively.
D)A power of attorney that takes effect immediately.
E)None of the above.

Question

Quizplus · Accepted Answer

A springing power of attorney is a power of attorney that takes effect at a defined point of time in a disability. Usually, it comes into play when the person granting the power of attorney becomes incapacitated in some way, such as through illness or injury. It is "springing" because it only takes effect once the specified condition is met.

What Is a Springing Power of Attorney