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Get the free Durable Power of Attorney (POA) Form - Oakmark

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Durable Power of Attorney (POA) Form Print Form 1. Instructions Questions? 1-800-OAKMARK (1-800-625-6275) Please complete this form online, then print, sign and mail it to us. Regular Mail: The Oak
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How to fill out durable power of attorney

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How to fill out a durable power of attorney:

01
Start by obtaining the necessary paperwork. You can typically obtain durable power of attorney forms from your local courthouse, attorney's office, or online legal document services.
02
Read and understand the instructions provided with the form. These instructions will guide you through the process of filling out the document correctly.
03
Choose an agent: Select someone you trust to act as your agent or attorney-in-fact. This person will have the legal authority to make decisions on your behalf.
04
Specify the powers: Determine which powers you want to grant to your agent. These powers can include managing finances, making healthcare decisions, and handling real estate transactions, among others. Be specific about the scope of these powers to avoid any confusion.
05
Fill in your personal information: Provide your full name, address, and contact information, along with the same details for your chosen agent.
06
Add any additional instructions: If there are any specific instructions or limitations you want to place on your agent's powers, include them in the document. This could include restrictions on certain types of transactions or directions for specific circumstances.
07
Sign and date the document: Ensure that you sign and date the durable power of attorney in the presence of a notary public or witnesses, as required by your state's laws.
08
Distribute copies: Keep the original document in a safe place and provide copies to your agent, your attorney, and any other relevant parties, such as your healthcare provider or financial institutions.

Who needs durable power of attorney:

01
Individuals with significant assets: Having a durable power of attorney can be particularly important for individuals with substantial wealth or complicated financial matters. It allows someone trustworthy to handle their financial affairs in case they become incapacitated.
02
Elderly individuals: As people age, there is an increased likelihood of cognitive decline or medical conditions that may limit their decision-making abilities. A durable power of attorney ensures that someone can make important decisions on their behalf when they are unable to do so themselves.
03
Individuals with disabilities: Those with physical or mental disabilities may require assistance in managing their affairs. A durable power of attorney allows a trusted person to act on their behalf and ensure their needs are met.
04
Business owners: Business owners may want to have a durable power of attorney to maintain the operations of their company if they become incapacitated. This ensures that their business interests are protected and that decisions can be made in their absence.
05
Anyone who wants to plan for the future: Regardless of age or wealth, having a durable power of attorney is a proactive step in planning for the future. It provides peace of mind knowing that someone trustworthy is appointed to act on your behalf if the need arises.

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