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This document allows the Account Owner to designate an individual as their agent to act on their behalf regarding their The Hartford SMART529 College Savings Plan Account(s). It details the responsibilities and powers granted to the agent, including making investment decisions and handling contributions and withdrawals, and specifies the legal requirements for completing the form.

How to fill out power of attorney form

How to fill out power of attorney form

1. Obtain the power of attorney form: This can be done online or from a legal office.
2. Identify the principal: This is the person granting the power of attorney.
3. Identify the agent: This is the person who will act on behalf of the principal.
4. Specify the powers: Clearly outline what powers the agent will have (e.g., financial, medical decisions).
5. Include any limitations: Specify if there are any restrictions on the agent's powers.
6. Provide personal information: Fill in the names, addresses, and contact information of both the principal and the agent.
7. Sign the document: The principal must sign the document to validate it.
8. Notarization: Depending on your jurisdiction, a notary public may need to witness the signing.
9. Distribute copies: Ensure that copies are given to the agent and anyone else who needs to be aware of the power of attorney.

Who needs power of attorney form?

1. Individuals who want to ensure their affairs are managed when they are unable to do so.
2. People who are going to be absent for an extended period and need someone to manage their finances or affairs.
3. Those with medical issues who may need someone to make healthcare decisions on their behalf.
4. Anyone planning for estate management or future incapacity.

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What is power of attorney form?

A power of attorney form is a legal document that allows one person (the principal) to authorize another person (the agent) to act on their behalf in legal, financial, or medical matters.

Who is required to file power of attorney form?

Typically, individuals who wish to grant another person the authority to act on their behalf must file a power of attorney form.

How to fill out power of attorney form?

To fill out a power of attorney form, you need to identify the principal and agent, specify the powers being granted, date the document, and have it signed and notarized according to local laws.

What is the purpose of power of attorney form?

The purpose of a power of attorney form is to allow someone to make decisions and take actions regarding financial, legal, or healthcare matters for the principal when they are unable to do so themselves.

What information must be reported on power of attorney form?

The power of attorney form must include the names and addresses of the principal and agent, a description of the powers granted, any limitations on those powers, and the signature of the principal.