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Questions? Go to fidelity.com/poa or call 1-800-634-9361. Durable Power of Attorney Annuities All states except New York Use this form to grant or modify the power of a third party (your agent or

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What is durable power of attorney?

Durable power of attorney is a legal document that allows a person (referred to as the 'principal') to appoint another individual (known as the 'agent' or 'attorney-in-fact') to make financial and legal decisions on their behalf in the event they become incapacitated or unable to make decisions themselves.

Who is required to file durable power of attorney?

It is not a filing requirement; instead, it is a document that an individual creates voluntarily to appoint someone they trust to handle their affairs if they become unable to do so.

How to fill out durable power of attorney?

To fill out a durable power of attorney, you should consult an attorney or use specific forms available in your jurisdiction. The document typically requires the principal's personal information, the agent's details, and specific powers or limitations granted to the agent.

What is the purpose of durable power of attorney?

The purpose of a durable power of attorney is to designate someone to act on behalf of the principal in financial and legal matters if the principal becomes unable to do so themselves. It provides peace of mind and ensures continuity in managing affairs during incapacity.

What information must be reported on durable power of attorney?

The information included in a durable power of attorney typically consists of the principal's name, the agent's name, the specific powers granted to the agent, any limitations or conditions, and the signatures of the principal, agent, and witnesses (if required by law). However, the specific requirements may vary based on jurisdiction.

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