Powers of Attorney
Guidance For Real Estate and Personal Planning
What a Power of Attorney Means in Louisiana
A power of attorney gives someone you trust the authority to act for you, whether you need help with personal matters or real estate decisions. In Louisiana, this role is called a mandatary, and their authority depends on what the document allows. Gulf South Title prepares POAs that meet state requirements so your chosen agent can represent you without delays. Residents across New Orleans, from Lakeview to the Bywater, often rely on these documents when traveling, managing several properties, or planning for the future.
Types of POAs You May Need
Louisiana offers several forms of POA. A general durable POA lets an agent handle broad financial tasks even if the principal becomes incapacitated. A limited POA authorizes one specific action, such as signing documents on closing day. A medical POA covers health decisions and is sometimes included in a full estate plan. Our attorney at Gulf South Title can draft the type that fits your situation, especially for clients who own property throughout Orleans Parish or Jefferson Parish.
Using a POA in Real Estate Transactions
When You Cannot Attend Closing in Person
Many buyers and sellers rely on a POA when they cannot appear for closing. This is common for clients stationed elsewhere, out of the country, or dealing with unexpected schedule conflicts. A tailored POA allows a trusted person to sign closing papers on your behalf. Gulf South Title prepares these documents ahead of time and ensures the terms follow lender and underwriter requirements.
Support for Elderly or Incapacitated Property Owners
Some families use a durable POA to help an elderly parent manage real estate decisions. With a valid POA, the agent can handle refinancing, property tax payments, or even the sale of a home when the principal cannot manage these tasks alone. Our team drafts these documents with the level of authority needed to match your long term estate plan.
Tools for Real Estate Investors Expanding Their Portfolio
Investors who buy and sell properties across New Orleans sometimes delegate routine tasks through a POA. A clearly written document lets a business partner or local representative sign contracts or manage closings for properties in neighborhoods like Uptown, Mid City, or Gentilly. Gulf South Title structures these POAs so investors can keep their projects moving without interruption.
Meeting Louisiana’s Legal Requirements
A POA in Louisiana must be signed before a notary and two witnesses to be fully recognized. This ensures lenders, title companies, and financial institutions will accept the document without hesitation. We handle the preparation and formal signing process in our office so your agent can act confidently on your behalf.
Integrating POAs Into Your Estate Plan
Many clients choose to include a durable POA along with a will so a spouse or adult child can manage financial matters during their lifetime if needed. This keeps families from having to pursue interdiction through the court system. Gulf South Title helps clients establish these documents as part of an overall plan for stability.
POAs Drafted for One-Time Transactions
We often prepare limited POAs for a single event, such as signing a deed or mortgage. This is especially helpful for deployed service members, traveling professionals, or clients coordinating a sale from outside Louisiana. The POA is tailored to one property and one transaction for maximum clarity.
Reviewing an Existing POA Before Closing
If you already have a POA, our attorney reviews the wording to ensure it grants all the powers necessary for your upcoming transaction. Some lenders require specific language, and our review prevents delays that could affect closing.
Set Up A Power of Attorney That Works When You Need It
Whether you are preparing for a real estate closing, planning your estate, or helping a family member manage property, a well drafted POA provides the access and authority your agent needs. Gulf South Title serves clients across New Orleans and nearby communities to ensure these documents are valid and ready for use.
Frequently Asked Questions
I heard Louisiana doesn’t use the word probate – what is succession?
In Louisiana, the process of settling a deceased person’s estate is called succession. It serves the same purpose as probate in other states and is often required to transfer real estate.
Can Gulf South Title help if a property owner dies and the heirs want to sell?
Yes. We initiate the succession process, obtain court authorization, and can handle the closing once the title is ready to transfer. This dual approach simplifies the experience for heirs.
Why should I make a will? What happens if I don’t have one?
Without a will, Louisiana law controls who inherits, which might not reflect your wishes. For example, a surviving spouse might not receive everything if there are children. A will gives you control and streamlines the succession process.
What is a power of attorney and when would I need it in real estate?
A power of attorney allows someone to act legally on your behalf—often needed when you can’t attend a closing or want a trusted person to manage your affairs. We prepare POAs that meet Louisiana’s strict requirements.