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UT Statutory Durable Power of Attorney 2018-2025 free printable template

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UTAH STATUTORY FORM POWER OF ATTORNEY Utah Code Sections 75-9-101 et seq. IMPORTANT INFORMATION This power of attorney authorizes another person your agent to make decisions concerning your property for you the principal. If you have questions about the power of attorney or the authority you are granting to your agent you should seek legal advice before signing this form. DESIGNATION OF AGENT I Name of Principal name the following person as my agent Name of Agent Agent s Address Agent s...
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How to fill out UT Statutory Durable Power of Attorney

01
Obtain the UT Statutory Durable Power of Attorney form from a legal resource or online.
02
Fill in your full name and address in the designated space.
03
Specify the name and address of the agent you are appointing.
04
Indicate the specific powers you are granting to the agent, either by selecting from the provided options or writing custom powers.
05
Note any limitations on the powers granted, if applicable.
06
Include the effective date of the document, which can either be immediately or upon a certain condition.
07
Have the document signed in the presence of a notary public for validation.
08
Provide copies of the signed document to your agent, and any institutions that may require it.

Who needs UT Statutory Durable Power of Attorney?

01
Individuals who want to grant someone authority to make financial and legal decisions on their behalf.
02
People planning for potential incapacity or illness that may impair their ability to communicate their wishes.
03
Those who wish to simplify the management of their financial affairs in case of emergencies.
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The UT Statutory Durable Power of Attorney is a legal document that allows an individual (the principal) to designate another person (the agent) to make decisions and take actions on their behalf regarding financial and legal matters, should they become incapacitated.
Typically, the principal is the one who executes and files the UT Statutory Durable Power of Attorney. There is no requirement for it to be filed with a court; however, it may need to be presented to financial institutions and other entities when the agent exercises powers.
To fill out the UT Statutory Durable Power of Attorney, the principal should complete a standard form that includes their name, the agent's name, the specific powers being granted to the agent, any limitations on those powers, and the signatures of the principal and witnesses.
The purpose of the UT Statutory Durable Power of Attorney is to ensure that an individual has a trusted person to manage their financial and legal affairs if they become unable to do so themselves due to illness or incapacity.
The information that must be reported includes the names and addresses of the principal and agent, a detailed description of the powers granted, any limitations on those powers, the date of execution, and the signatures of the principal and witnesses.
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