A Power of Attorney (PoA) is a legal document that authorizes a person to represent or act on behalf of someone else. This is a written statement stating that Person A authorizes Person B to make important decisions on behalf of Person A, especially in legal matters. By using this power of attorney form template available for download below, you will be able to create a power of attorney document for yourself.
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It is important to note that legal requirements vary from place to place, and the power of attorney content and requirements are largely dependent on which country you are a citizen of and the jurisdiction of your residence. As is the case with all legal documents, we recommend consulting a legal advisor for all your legal requirements.
In a Power of Attorney (PoA), the person who authorizes or appoints is called the Principal, while the person who will represent or act on behalf of the Principal is called the Agent. The agent is also referred to in some places as the ‘Attorney-in-Fact’.
The proxy template is commonly used in cases where principals are unable to represent themselves, often due to age, illness or disability. In such cases, an agent is appointed to sign legal or financial documents on behalf of the principal. Contrary to what the name suggests, an agent does not have to be an actual lawyer, and is usually a family member or friend.
Let’s look at what should be included in a Power of Attorney form. Depending on your exact use case and purpose, the content of your Power of Attorney document may vary. The contents of a Power of Attorney form include:
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* The templates here are provided for reference only and you should always speak to a professional for all legal matters
You can edit the PDF with PDF Expert, the best PDF Editor app for Mac. With the help of PDF Expert you can type and add your own details and use this power of attorney form for your own needs. A power of attorney form allows an individual (principal) to appoint an agent (in fact) to make decisions and deal with matters on their behalf. An agent can handle a wide range of matters, including financial, medical, guardianship or tax-related duties (depending on the powers granted).
Advance Directive – Used for health care planning and combines a medical power of attorney and a living will.
Durable (Financial) Power of Attorney – The most common type of power of attorney allows a person to give someone else the unlimited ability to handle financial transactions on behalf of the principal.
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General (non-durable) power of attorney – grants the same financial powers listed in the durable form, except that it does not remain in effect if the principal becomes incapacitated or mentally disabled.
IRS Power of Attorney (Form 2848) – Revised December 2015, allows an individual or business entity to select a party, usually an accountant or tax attorney, to file federal taxes on their behalf.
Limited Power of Attorney – Allows a person to perform a specific activity on behalf of the principal, either as a one (1) time event or for a specific period of time.
Medical (Healthcare) Power of Attorney – Used by an individual to choose someone to handle their health care decisions in the event that they are unable to do so on their own.
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Minor Power of Attorney – Allows a parent to give full responsibility of their son or daughter to someone else (except for adoption rights). Valid for a temporary period, usually between six (6) months to one (1) year, which depends on the state’s laws.
Real Estate Power of Attorney – For a buyer or seller of a property who would like to surrender their rights regarding the handling of the negotiation and transaction at closing.
State Tax Power of Attorney – Used to select a tax preparer to handle a filing on behalf of an individual or entity. Can be used for state or federal filings.
Vehicle Power of Attorney – Typically provided by a state’s Department of Motor Vehicles (DMV) or related agency to allow another person to sell, register or title a car.
Free Downloadable Durable General Power Of Attorney Form
Power of attorney is the indication of granting authority to a person (agent) to manage the affairs of someone else (principal). The designation may be for a limited period or for the rest of the principal’s life.
The principal may appoint an agent to handle any type of action that is legal under state law. The most common types transfer financial or medical powers to someone else should the principal become incapacitated.
“Power of Attorney” means a writing or other record authorizing an agent to act in place of the principal, whether or not the term power of attorney is used.
View and read the types of power of attorney to get a better understanding of which form(s) are best.
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The most common for financial purposes is the Durable Power of Attorney, which allows an agent to handle any monetary or business-related matters for the principal’s benefit.
Additionally, if you want to choose someone to handle your health care needs as well, you can choose a health care agent with the Medical Power of Attorney to make any and all decisions in the event that you are unable to do so for yourself.
For estate planning, a complete list of documents an individual may want to complete is in the Estate Planning Checklist specific to each state.
An agent, also known as an Attorney-in-Fact, is the individual who will make the important decisions on your behalf. This individual does not have to be a lawyer, although a lawyer can be your agent.
Special Power Of Attorney
The two (2) most important qualities you should look for in your agent are accountability and trust. You want to be sure that your agent will be available during times of duress and faithfully carry out your wishes. It is possible to list more than one agent in your power of attorney form if your primary agent becomes ill or is unavailable when needed.
After you’ve decided on the form(s) needed, it’s time to sit down and fill out the document. Most forms are provided by the state and can be easily filled out via PDF format (Download Adobe PDF Reader).
The agent(s) must be present at the time of writing the form and all personal information of the principal and agent(s) must be entered.
It is required that the form(s) be signed in the presence of Witness(es), a Notary, or both. Check the signature laws in your state and only until the document is properly witnessed will it be eligible for use.
Free Power Of Attorney Forms & Templates (durable, Medical,general)
After the form(s) are signed, it will be for the principal and the Agent(s) to properly store them for when they are needed for use. These forms are not submitted to any government agency or office, so it will be up to each individual to maintain the form safely until needed.
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 law.
A: People most often use a power of attorney for financial or health care reasons. Say you want someone to act on your behalf because when you get sick in the future, you’ll use a Medical (Healthcare) Power of Attorney so your agent can make health care decisions on your behalf. If you are in a rare situation and want to give specific powers that are not financially or medically related, you can create a Limited (Special) Power of Attorney.
A: Many people think that you have to submit your power of attorney to the government, but this is wrong. Many states require your power of attorney to be notarized to ensure that the signatures are genuine, which is to help circumvent fraud. Only the principal must be present at the notary to notarize the power of attorney. You can find a notary at any bank or financial institution. The easiest way is to go to a banking institution you are associated with as they will usually do this for free. The final step is to make a copy of the power of attorney and give it to your agent and keep the original with you in a safe place.
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A: The power of attorney must be tailored to the state in which your parent lives. It doesn’t matter what state you live in, as long as the power of attorney applies to the principal’s state of residence, which in this case is your parent, is what matters.
A: Normally, by creating a new power of attorney that addresses the same powers
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