Durable Power Of Attorney Form Michigan

What is durable power of attorney form michigan?

A durable power of attorney form Michigan is a legal document that grants someone (known as the 'attorney-in-fact' or 'agent') the authority to make financial and legal decisions on behalf of another person (known as the 'principal') in the state of Michigan. This form remains valid even if the principal becomes incapacitated or unable to make decisions for themselves.

What are the types of durable power of attorney form michigan?

In Michigan, there are two main types of durable power of attorney forms: financial power of attorney and healthcare power of attorney. 1. Financial power of attorney: This type of document grants the attorney-in-fact the authority to manage the principal's financial affairs, including banking, real estate, and investments. 2. Healthcare power of attorney: This form allows the attorney-in-fact to make medical decisions on behalf of the principal, including treatment options, healthcare providers, and end-of-life decisions.

Financial power of attorney
Healthcare power of attorney

How to complete durable power of attorney form michigan

Completing a durable power of attorney form in Michigan requires the following steps: 1. Choose a trustworthy attorney-in-fact: Select someone you trust to make decisions in your best interest. 2. Obtain the correct form: You can find durable power of attorney forms specific to Michigan online or consult an attorney for assistance. 3. Provide necessary information: Fill in all required information, including your name, the attorney-in-fact's name, and specific powers granted. 4. Sign the form: Both the principal and the attorney-in-fact must sign the form in the presence of a notary public. 5. Distribute copies: Provide copies of the completed form to relevant parties, such as banks, healthcare providers, and family members.

01
Choose a trustworthy attorney-in-fact
02
Obtain the correct form
03
Provide necessary information
04
Sign the form
05
Distribute copies

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Video Tutorial How to Fill Out durable power of attorney form michigan

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Questions & answers

Creating a power of attorney in Michigan for financial matters requires that it be dated, signed by either the principal or a notary public on behalf of the principal according to the requirements of the Michigan Notary Public Act, and either signed in the presence of two witnesses or acknowledged before a notary
To make a POA in Michigan, you must sign in the presence either of (1) a notary public or (2) two witnesses. Even though you have a choice in Michigan, it's best to choose notarization, since many financial institutions will require it before they allow your attorney-in-fact to act under the POA.
(2) Subject to section 1202, a durable power of attorney under this section must be dated and signed voluntarily by the principal or signed by a notary public on the principal's behalf under section 33 of the Michigan law on notarial acts, 2003 PA 238, MCL 55.293.
File a Copy With the Register of Deeds If you granted the power to deal with real estate to your attorney-in-fact, you should also file a copy of your POA in the land records office (called the register of deeds in Michigan) in the county where you own real estate.
Creating a power of attorney in Michigan for financial matters requires that it be dated, signed by either the principal or a notary public on behalf of the principal according to the requirements of the Michigan Notary Public Act, and either signed in the presence of two witnesses or acknowledged before a notary
Generally, there are no formalities for POAs and they may be given orally or in writing. However, if the act which the Principal requires the Agent to perform has certain prescribed formalities, then the POA will need to comply with the same formalities.