In Spain, a “Long Lasting Power of Attorney” is typically known as a “Poder Notarial Duradero” or “Poder Duradero” in Spanish. This legal document grants someone the authority to make decisions on your behalf, even if you become incapacitated. It can be useful for managing financial, legal, or healthcare matters.
A “poder duradero” or Long Lasting Power of Attorney in Spain can be used for various purposes. Here are some common examples of its use:
1. Financial Matters: If you become unable to manage your financial affairs due to illness or incapacity, your appointed attorney can handle tasks such as paying bills, managing bank accounts, and making financial decisions on your behalf.
2. Property Transactions: Your attorney can represent you in property-related matters, including buying, selling, or managing real estate, should you become unable to do so.
3. Healthcare Decisions: In the event of a medical emergency or if you are unable to make healthcare decisions for yourself, your attorney can make medical decisions based on your previously expressed wishes or in your best interest.
4. Legal Proceedings: Your attorney can represent you in legal matters, including signing legal documents and participating in legal proceedings, if you are unable to do so.
5. Business Affairs: If you own a business, your attorney can manage business-related matters and make decisions on your behalf.
These are just a few examples of how a “poder duradero” can be used in Spain. It provides a legal framework for someone you trust to act on your behalf when you are unable to do so, ensuring that your interests are protected.
If you need assistance or have specific questions about creating a Long Lasting Power of Attorney in Spain, I recommend our Spain info Card so that we can mediate on your behalf with a specialist lawyer who is knowledgeable about Spanish power of attorney legal procedures to ensure it complies with local regulations and serves your needs effectively.