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This document serves as an affidavit in relation to the Power of Attorney, affirming the Agent\'s authority and the validity of the POA while indemnifying Nelnet Bank from any liabilities or claims resulting from actions taken under the POA\'s instructions.

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How to fill out power of attorney

01

Identify the principal: The person granting the power of attorney.

02

Choose the appropriate type: Decide if it will be a general or a specific power of attorney.

03

Select an agent: Choose someone trustworthy to act on your behalf.

04

Create the document: Prepare the power of attorney document, ensuring it meets state laws.

05

Include necessary details: Clearly outline the powers granted to the agent.

06

Sign the document: The principal must sign the document in the presence of a notary public or witnesses as required.

07

Distribute copies: Provide copies of the signed document to the agent, any relevant financial institutions, and keep a copy for yourself.

Who needs power of attorney?

01

Individuals who are unable to manage their financial affairs due to illness or injury.

02

People who are planning for future incapacity and want to ensure their wishes are honored.

03

Those who wish to designate someone to handle real estate transactions or other legal matters on their behalf.

04

Individuals needing someone to manage their finances while they are out of the country or unavailable.

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What is power of attorney?

Power of attorney is a legal document that grants one person the authority to act on behalf of another person in legal or financial matters.

Who is required to file power of attorney?

Individuals or entities that wish to designate someone else to make decisions or manage affairs on their behalf are required to file a power of attorney.

How to fill out power of attorney?

To fill out a power of attorney, you need to complete the required forms with your personal information, the agent's information, the specific powers being granted, and sign the document according to state laws.

What is the purpose of power of attorney?

The purpose of power of attorney is to allow someone to make decisions on your behalf if you are unable to do so, whether due to incapacity or absence.

What information must be reported on power of attorney?

Power of attorney must include the names of the principal and agent, the specific powers being granted, the duration of the authority, and any limitations or conditions.

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