Durable Power Of Attorney To Sign Documents Sample

A durable power of attorney allows you to handle another person s financial decisions on their behalf all decisions made must be to the benefit of the person being represented.

Durable power of attorney to sign documents sample.

When someone gives you power of attorney poa in the united states it means you have the authority to access their financial accounts and sign financial or legal documents on their behalf. If my spouse or domestic partner is my agent this power of attorney document will end if either of us files for divorce in court. Therefore it s recommended to have the agent be someone who the principal can trust and who. Most states do not require you to use a specific form but they do have requirements for what you must include in the document that grants the power of attorney and how you must sign it.

A power of attorney must be signed by the principal in the presence of a notary public two 2 witnesses or both depending on state laws. General power of attorney forms. If there s no preference use a standard format such as the one in the power of attorney signature sample below. Designating power of attorney is a difficult decision.

Principal s name by your name power of attorney. Durable power of attorney know all men by these presents that i the undersigned over the age of eighteen years of county do hereby name designate constitute and appoint as my true and lawful attorney in fact for me in my name place and stead to do either any or all of the following. The agent or appointed person can then make decisions for your government benefits investments retirement plan real estate and insurance among others. A durable power of attorney form allows an individual principal to select someone else agent or attorney in fact to handle financial related matters on their behalf.

This power of attorney document will end if i revoke it or when i die. This has to be used with caution and is advisable if you are not incapacitated but just need help with your tasks. This gives the agent the same rights and authority as you do like in a business the agent can perform the tasks that you normally do. Sample power of attorney form.

Fill out a power of attorney form or create a custom document. The term durable means that if the principal should become incapacitated the form would remain in effect. Financial durable power of attorney forms are used to appoint someone else to manage your finances for you in the event that you become incapacitated or mentally incompetent to do so. How to sign a power of attorney.

The one thing about the durable form that separates it from the rest is that it remains legal in the event the person being represented can no longer think. Free printable durable financial power of attorney forms. Types of power of attorney forms. This power of attorney document is effective on the day i sign it.

Learn how to prevent arguments over power of attorney in your family once you ve made your choice.