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MTV 5-13 5/95 ALABAMA DEPARTMENT OF REVENUE MOTOR VEHICLE DIVISION P. O. Box 327640 Montgomery, AL 36132-7640 (334) 242-9000 Power of Attorney THIS FORM MAY BE REPRODUCED STATE OF COUNTY OF Date:
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How to fill out power of attorney

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How to fill out power of attorney:

01
Begin by identifying the parties involved: You will need to accurately state the names and contact information of both the person granting the power of attorney (known as the principal) and the person being granted the power of attorney (known as the agent or attorney-in-fact).
02
Specify the powers granted: Clearly state the particular powers that the principal wishes to grant to the agent. These powers could include managing finances, making healthcare decisions, or handling real estate transactions, among others.
03
Clearly outline any limitations or restrictions: If there are any specific limitations or restrictions on the powers being granted, make sure to clearly outline them in the power of attorney document. For instance, the principal may want to restrict the agent's ability to sell certain assets or make decisions of a personal nature.
04
Include a duration clause: Determine whether the power of attorney will be durable (remain in effect even if the principal becomes incapacitated) or springing (only come into effect under certain circumstances). Clearly state the duration of the power of attorney and whether it will automatically terminate after a specific period or event.
05
Execute the document: Once all the necessary information has been provided and the document has been properly drafted, it's important to sign the power of attorney in the presence of a notary public or witnesses, depending on the legal requirements in your jurisdiction.
06
Store and distribute copies: Ensure that both the principal and agent keep copies of the fully executed power of attorney document in a safe and accessible place. Additionally, it may be wise to provide copies to any relevant institutions or individuals who may need to rely on the document's authority.

Who needs power of attorney?

01
Individuals with chronic illness or disability: Having a power of attorney in place allows someone to handle financial, legal, and personal matters on your behalf if you become unable to do so yourself. This can provide peace of mind and ensure that your interests are protected.
02
Older adults: As people age, they may experience health issues or cognitive decline that could hinder their ability to make decisions or manage their affairs. A power of attorney can ensure that someone they trust and designate will act on their behalf if needed.
03
Business owners and entrepreneurs: Entrepreneurs or business owners may require a power of attorney to allow a trusted individual to handle business affairs or make decisions on their behalf in case they are unavailable or incapacitated.
04
Parents of minor children: Parents may consider having a power of attorney in place to designate a trusted family member or friend to make decisions regarding their children's welfare if they are temporarily unable to do so themselves.
05
Individuals facing military deployment or extended periods away: Military personnel or individuals facing lengthy absences may want to grant a power of attorney to someone they trust to ensure that their legal and financial matters are taken care of in their absence.
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Power of attorney is a legal document that gives someone the authority to act on behalf of another person in legal or financial matters.
Any individual or organization may be required to file power of attorney, depending on the specific circumstances and legal requirements.
To fill out a power of attorney, you need to include the names of the parties involved, specify the powers granted, and follow the legal requirements set by the jurisdiction.
The purpose of power of attorney is to allow someone to make decisions on behalf of another person when they are unable to do so themselves.
The information reported on a power of attorney typically includes the names of the parties involved, the powers granted, and any restrictions or conditions.
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