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Bring documentation that identifies you as having power of attorney. Bring a copy of your POA document with you when you plan to sign for the principal. Sign the principal's name and identify yourself. You can always ask how the institution prefers you sign the document.
Bring documentation that identifies you as having power of attorney. Bring a copy of your POA document with you when you plan to sign for the principal. Sign the principal's name and identify yourself. You can always ask how the institution prefers you sign the document.
Most banks will require you to sign the name of the principal, mark that it is a POA by either writing out Power of Attorney or POA and place the agent's name on the check underneath the principal's name.
Writing your own durable power of attorney is an inexpensive way to deal with end-of-life decision-making because it allows you to appoint a person to make decisions for you after you are incapacitated or legally incompetent.
The signature line on the deed should clearly state that the attorney/agent is signing under a power of attorney authorized by the principal. For example, the signature line should read: “_, as duly authorized attorney in fact for the Granter.” Additionally, the deed will need to be notarized by a public notary.
Your duties as an Attorney when making payments or gifts Perhaps the most important duty you have as an attorney is the duty to act in the best interests of the donor. Attorneys can even make payments to themselves. However, as with all other payments they must be in the best interests of the donor.
Does a Power of Attorney Need Both Signatures? Most states do not require the power of attorney (POA) to have both signatures as only the principal is required to sign. The person bestowing the authority is the principal, and the person appointed to act is the agent, sometimes called the attorney-in-fact.
An agent's signature is not required under the Uniform Power of Attorney Act. Even if your state does not require that the agent sign the power of attorney, it makes sense to inform the person you name that she has been chosen to serve as your agent and obtain her written agreement.
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