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EXTENDED TO MAY 15, 2020Return of Organization Exempt From Income Tax I OMB No. 154oo47,TL. I990Under section 501(0), 527, or 4947(a)(1)of the Internal Revenue Code (except private foundations)l,

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How to fill out power of attorney

01

Step 1: Gather all necessary documents such as the power of attorney form, identification, and any supporting documents.

02

Step 2: Read and understand the power of attorney form thoroughly. Make sure you know the powers you are granting and any limitations or conditions.

03

Step 3: Fill out the personal information section of the power of attorney form. This includes your name, address, and contact information.

04

Step 4: Identify the agent or attorney-in-fact. This is the person you are appointing to act on your behalf. Include their name, address, and contact information.

05

Step 5: Specify the powers granted to the agent. These powers can include managing finances, making healthcare decisions, or handling real estate transactions.

06

Step 6: Determine the duration of the power of attorney. It can be for a specific period of time or until it is revoked.

07

Step 7: Sign the power of attorney form in the presence of a notary public or witness, as required by law.

08

Step 8: Make copies of the signed power of attorney form for yourself, your agent, and any relevant parties.

09

Step 9: Review and update the power of attorney periodically to ensure it reflects your current wishes and circumstances.

Who needs power of attorney?

01

Anyone who wants to designate someone to act on their behalf in legal, financial, or healthcare matters may need a power of attorney.

02

This can include individuals who are unable to make decisions due to illness or disability, frequent travelers who need someone to manage their affairs, or elderly individuals who want to plan for future incapacity.

03

It is also common for business owners to have a power of attorney in place to designate someone to act on their behalf if they are unavailable or incapacitated.

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What is power of attorney?

Power of attorney is a legal document that allows someone to make decisions on behalf of another person, typically in the case of incapacity.

Who is required to file power of attorney?

Individuals who wish to designate someone to make legal decisions on their behalf should file power of attorney.

How to fill out power of attorney?

To fill out power of attorney, you will need to specify the powers granted to the appointed person, include signatures of both parties, and have the document notarized.

What is the purpose of power of attorney?

The purpose of power of attorney is to ensure that someone is able to make legal decisions on behalf of another person if they are unable to do so themselves.

What information must be reported on power of attorney?

Power of attorney must include the names of both parties, details of the powers granted, the effective date, and signatures of all parties involved.

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