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An Illinois general power of attorney lets an individual grant personal financial authority to another person who will make decisions on their behalf. Many people put a power of attorney in place when they need someone to make financial decisions while they are away.
Power of Attorney Specific Authority Granted. IL-56. Notice of Fiduciary Relationship.
The purpose of this Power of Attorney is to give your designated “agent” broad powers to handle your financial affairs, which may include the power to pledge, sell, or dispose of any of your real or personal property, even without your consent or any advance notice to you.
This instrument is to be construed and interpreted as a general non-durable power of attorney. The enumeration of specific powers herein is not intended to, nor does it, limit or restrict the general powers herein granted to my attorney-in-fact. For a third party to construe otherwise would be contrary to my intent. This instrument is executed and
General (Financial) Power of Attorney – Confers broad financial powers on a representative, but it becomes void if the principal is adjudged incapacitated. Download: PDF , MS Word , OpenDocument
An Illinois general power of attorney is a document that transfers authority to an agent to act on behalf of the principal so long as the principal can make decisions for themselves. The financial powers granted are broad and sweeping, as they allow the representative to make serious decisions for the principal and sign on their behalf.
Use our free power of attorney templates that comply with Illinois state laws to give someone the ability to handle your affairs.
An Illinois general power of attorney is a document that transfers authority to an agent to act on behalf of the principal so long as the principal can make decisions for themselves. The financial powers granted are broad and sweeping, as they allow the representative to make serious decisions for the principal and sign on their behalf.
An Illinois general power of attorney is a legal document that enables a person to choose a third party to handle their finances. The principal (document preparer) can specify the parameters of the agent’s authority and when those powers come into effect.
General (Financial) Power of Attorney – Offers an array of powers in relation to the grantor’s finances, property, investments, etc., and terminates upon their revocation, death, and incapacity. Download: PDF , Word (.docx)