A limited power of attorney for finances for a specific time while you are travelling outside the country can give someone you designate the power to make which of the following decisions?

Question

Quizplus · Accepted Answer

A limited power of attorney for finances for a specific time while traveling outside the country can give someone the power to sell stock in your portfolio. This can be useful if you have investments that require regular attention and you want to make sure that decisions can be made while you are away.

Answer: C 
 A limited power of attorney for finances for a specific time while traveling outside the country can give someone the power to decide which assets should be sold if you pass away before returning. This can be important for estate planning purposes and can ensure that your wishes are carried out even if you are not able to make decisions yourself.

Answer: D 
 A limited power of attorney for finances typically does not include the power to make decisions about healthcare or living arrangements. This would typically require a separate healthcare power of attorney or living will.

Therefore, the best choices are A and C.

A Limited Power of Attorney for Finances for a Specific