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_ – Financial Matters: To manage, control, and make decisions regarding my finances and property, including but not limited to banking transactions, investments, real estate transactions, and tax matters.I,, residing at, hereby appoint, residing at, as my attorney-in-fact (hereinafter referred to as “Agent”) to act on my behalf in the following matters: Once selected, the agent can do an innumerable amount of tasks for the principal as long as permission is granted in the power of attorney document. “Durable,” the most common type, allows an agent to remain active if the principal becomes incapacitated.Ī principal can appoint any person they want to be their agent. Power of attorney designates an individual (agent) to handle someone else’s affairs (principal) for a fixed or indefinite time period. Allows an agent to handle DMV activities and transfer ownership. Vehicle Power of Attorney – Hands over authority over a vehicle. Can be used for State or Federal filings. State Tax Filing Power of Attorney – Used to elect a tax preparer to handle a filing on behalf of an individual or entity. Revocation of Power of Attorney – To void a current power of attorney arrangement. ![]() Real Estate Power of Attorney – For a buyer or seller of a property that would like to hand over their rights in relation to handling the negotiation and transaction at closing. Minor (Child) Power of Attorney – A parent can give temporary custody of their child to someone else (typically 6-12 month maximum). Medical (Health Care) Power of Attorney – Used by an individual to select someone to handle their health care decisions in the chance they are not able to do so on their own. Limited Power of Attorney – Permits a person to carry out a specific activity on the principal’s behalf either as a one (1) time occurrence or for a specific period of time. ![]() 2015, allows an individual or business entity to elect a party, usually an accountant or tax attorney, to file federal taxes on their behalf. IRS Power of Attorney (Form 2848) – Revised in Dec. 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. It allows a person to give financial responsibility to someone else and continues if the principal becomes incapacitated.Īdvance Directive – Used for health care planning and combines a medical power of attorney and a living will. ![]() By Stateĭurable (Financial) Power of Attorney – The most common type of power of attorney. Once signed, an agent can legally handle financial, medical, guardianship, and tax-related matters. A power of attorney (POA) form is a legal document that authorizes an individual (principal) to appoint someone else (agent) to make decisions and handle affairs on their behalf.
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