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Power of Attorney Forms A power of attorney assigns an “agent” or “attorney-in-fact” to act in the place of another (known as the “principal”) for certain personal affairs. These affairs could relate to managing one’s estate, healthcare, or parental authority, depending on the type of POA executed.
Power of attorney is a designation given to an agent to handle financial or medical acts on someone else’s behalf. The person giving permission, known as the principal, can also choose to have the agent continue to operate on their behalf even if they should become incapacitated (known as durable power of attorney ).
Durable (Statutory) Power of Attorney – This form is used when the principal anticipates their physical or mental health may deteriorate and wants to appoint an agent on their behalf. Signing Requirements: One witness and a notary public. [1]
A power of attorney (POA) form is a legal document that allows someone (agent) to make decisions and manage affairs on behalf of another person (principal). The agent can legally handle financial, medical, guardianship, and tax-related matters.
Use our printable Power of Attorney forms to appoint an agent to act on your behalf in personal/financial or medical affairs.
Although you can draft your own POA form with a lawyer, it’s often easier to get a free power of attorney sample online. Templates.Legal contains dozens professionally written power of attorney templates.
A durable power of attorney allows a person to choose someone else to make financially related decisions on their behalf. The term “durable” refers to the form remaining in effect even if the person delegating the power, the “principal,” is deemed incapacitated.