Get the free Durable Power of Attorney (POA) Frequently Asked Questions

Senior News THE AREA AGENCY ON AGING OF SOMERSET COUNTY September 2018The Importance of a Power of Attorney (POA) A power of attorney (POA) form is a legal document saying you're granting someone

How to fill out durable power of attorney

How to fill out durable power of attorney

1. To fill out a durable power of attorney, follow these steps:
2. Obtain the proper form: Contact your local legal aid office, search online legal document providers, or consult with an attorney to obtain the appropriate durable power of attorney form.
3. Read the instructions: Carefully read the instructions provided with the form to understand the purpose and requirements of a durable power of attorney.
4. Fill in personal information: Provide your full legal name, address, and contact details as the person granting the power (known as the principal).
5. Appoint an agent: Indicate the full name, address, and contact details of the person you are granting the power to (known as the agent or attorney-in-fact).
6. Specify powers and limitations: Clearly state the powers you want to grant the agent and any limitations or restrictions on those powers.
7. Consider successor agents: If desired, name one or more successor agents who can act on your behalf if the primary agent is unable or unwilling to serve.
8. Sign and date the form: Once you have completed all required sections, sign the durable power of attorney form in the presence of a notary public or witnesses, as required by your jurisdiction's laws.
9. Make copies: Keep the original signed document in a safe place and make multiple copies to distribute to key parties, such as your agent, doctor, lawyer, and financial institutions.
10. Review periodically: Review the durable power of attorney periodically to ensure it reflects your current wishes and make updates if necessary.
11. Inform relevant parties: Notify your agent, family members, and other relevant parties about the existence and location of your durable power of attorney.

Who needs durable power of attorney?

1. A durable power of attorney is typically needed by individuals who want to appoint someone to handle their financial, legal, or healthcare matters in the event they become incapacitated or unable to make decisions for themselves.
2. Common scenarios where a durable power of attorney is necessary include:
3. - Aging individuals who may need someone to manage their finances, pay bills, or make healthcare decisions on their behalf.
4. - People with chronic illness or disability who may require assistance in managing their affairs.
5. - Individuals with significant assets or complex financial matters who want to appoint a trusted agent to handle their financial transactions.
6. - Those planning for potential incapacitation or facing a medical procedure that may temporarily impair decision-making ability.
7. It is advisable to consult with an attorney to understand your specific needs and ensure the durable power of attorney is drafted properly according to your jurisdiction's laws.

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What is durable power of attorney?

A durable power of attorney is a legal document that allows someone to appoint another person to make financial and legal decisions on their behalf.

Who is required to file durable power of attorney?

Any individual who wants to designate someone to make financial and legal decisions on their behalf may choose to file a durable power of attorney.

How to fill out durable power of attorney?

To fill out a durable power of attorney, you will need to include information about the designated agent, the powers granted, and any specific instructions.

What is the purpose of durable power of attorney?

The purpose of a durable power of attorney is to ensure that someone can make decisions on behalf of an individual if they are unable to do so themselves.

What information must be reported on durable power of attorney?

Information reported on a durable power of attorney may include the designated agent's name, the powers granted, and any specific instructions or limitations.