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POA 1 Indiana Department of Revenue State Form 49357 (R2 / 9-09) POWER OF ATTORNEY (Instructions on Back) 1) 2) Taxpayer(s) Name(s) Indiana Taxpayer Identification Number D B A Name(s) Employer Identification
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How to fill out power of attorney form
How to fill out power of attorney form:
01
Begin by gathering all necessary information. This includes the names and contact information of both the person granting power of attorney (known as the "principal") and the person receiving it (known as the "attorney-in-fact").
02
Identify the powers you want to grant. Determine what specific actions or decisions you want your attorney-in-fact to have the authority to take on your behalf. This can include handling financial matters, making healthcare decisions, or managing real estate.
03
Choose the type of power of attorney form. There are different types, such as general power of attorney, durable power of attorney, and healthcare power of attorney. Select the one that best suits your needs.
04
Consult with an attorney, if necessary. While not always required, it can be helpful to seek legal advice when filling out a power of attorney form, especially if it involves complex financial or healthcare matters.
05
Complete the form accurately. Fill in all the required personal information, including names, addresses, and dates. Be sure to be specific about the powers granted and any limitations or conditions you want to include.
06
Sign the document. Both the principal and the attorney-in-fact must sign the power of attorney form in front of a notary public or witnesses, depending on the legal requirements in your jurisdiction.
07
Distribute copies. Provide copies of the signed power of attorney form to relevant parties, such as banks, healthcare providers, or financial institutions, who may require proof of the attorney-in-fact's authority.
Who needs power of attorney form:
01
Older adults: Seniors may need a power of attorney form to grant someone they trust the ability to manage their financial, legal, or healthcare affairs as they age and potentially face physical or cognitive challenges.
02
Individuals with disabilities: People with disabilities may utilize a power of attorney form to designate someone to handle their financial matters, make healthcare decisions, or manage other important affairs.
03
Business owners: Entrepreneurs or business owners may need a power of attorney form to authorize someone to act on their behalf in business transactions, sign contracts, or make financial decisions if they are unable or unavailable to do so personally.
04
Travelers or those living abroad: If someone is frequently away from home or residing in another country, they may consider granting a power of attorney to a trusted individual who can handle their legal, financial, or personal matters back home.
05
Anyone planning for unexpected events: It is advisable for anyone to have a power of attorney form in place, regardless of age or circumstances. Life is unpredictable, and having a designated person to act on your behalf can provide peace of mind in case of emergencies or incapacity.
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What is power of attorney form?
Power of attorney form is a legal document that allows someone to make decisions on behalf of another person.
Who is required to file power of attorney form?
Individuals who want to grant someone else the authority to make decisions on their behalf are required to file a power of attorney form.
How to fill out power of attorney form?
To fill out a power of attorney form, you will need to provide information about yourself, the person you are granting authority to, and the specific powers you are granting.
What is the purpose of power of attorney form?
The purpose of a power of attorney form is to legally appoint someone to make decisions on your behalf in case you are unable to do so yourself.
What information must be reported on power of attorney form?
Information such as the names and contact information of the parties involved, the specific powers being granted, and any limitations or conditions should be reported on a power of attorney form.
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