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General Power Of AttorneyTemplate PDF Free Download
What is a General Power of Attorney?
A general power of attorney is a legal document allowing a person (“principal”) to select someone else to make any type of financial decision on their behalf.
It can grant the same powers to the agent as a durable power of attorney and is the same in every respect except that it is non-durable.
A general power of attorney is non-durable, meaning it will terminate immediately after a principal becomes incapacitated or can no longer think for themselves.
|Arizona||One (1) Witness and Notary Public|
|California||Two (2) Witnesses or Notary Public|
|Connecticut||Two (2) Witnesses and Notary Public|
|Delaware||One (1) Witness and Notary Public|
|Florida||Two (2) Witnesses and Notary Public|
|Georgia||One (1) Witness and Notary Public|
|Illinois||One (1) Witness and Notary Public|
|Indiana||Two (2) Witnesses or Notary Public|
|Maryland||Two (2) Witnesses and Notary Public|
|Massachusetts||Two (2) Witnesses|
|Michigan||Two (2) Witnesses or Notary Public|
|New Hampshire||Notary Public|
|New Jersey||Notary Public|
|New Mexico||Notary Public|
|New York||Two (2) Witnesses and Notary Public|
|North Carolina||Notary Public|
|North Dakota||Principal Only|
|Pennsylvania||Two (2) Witnesses and Notary Public|
|Rhode Island||Notary Public|
|South Carolina||Two (2) Witnesses and Notary Public|
|South Dakota||Notary Public|
|Vermont||One (1) Witness and Notary Public|
|Washington||Two (2) Witnesses or Notary Public|
|West Virginia||Notary Public|
How to Get a General Power of Attorney
Granting power of attorney using a general POA form involves selecting someone to be your “agent,” completing the form and signing in accordance with state law.
In theory, it is a simple process, but giving someone power of attorney means they will have the authority to make a number of important financial decisions, so the principal should be very mindful while completing each step.
Step 1 – Select an Agent
The most important step is to choose an agent that will represent the principal’s financial interests.
This type of power of attorney is common amongst business partners or anyone that would like representation for financial matters.
Alternate Agent – An alternate or “secondary” agent can be selected if the primary agent is not available.
Step 2 – Choose Powers
The principal can select any type of financial power including, but not limited to, those listed in the Uniform Power of Attorney Act (UPOAA):
Tangible Personal Property
Stocks and Bonds
Commodities and Options
Banks and Other Financial Institutions
Operation of Entity or Business
Insurance and Annuities
Estates, Trusts, and Other Beneficial Interests
Claims and Litigation
Personal and Family Maintenance
Benefits from Governmental Programs or Civil or Military Service
In addition, the principal may include special powers to run a business, manage or sell property, and any other financial act permissible by state and federal law.
Step 3 – Complete the Form
The principal and agent should complete the power of attorney together.
If there is anything the principal doesn’t understand they should seek legal counsel.
Step 4 – Sign the Power of Attorney
A general power of attorney must be signed in the same manner as a durable power of attorney; the state signing requirements can be referenced when completing this step (notarization and two (2) witnesses are commonplace)
How to Write a General Power of Attorney
1 – You Can Designate Your Authority To An Agent With This Paperwork
The appointment template to delegate general principal powers so an agent can represent you adequately can be found using the PDF, Word, or ODT buttons captioning the preview image.
If preferred, you can also download this document in these formats using the links above.
2 – Prepare The Title And Introduction With Information
When you are ready to attend to this paperwork open it with your editing program or print it so you may fill it out manually.
The declaration made by this paperwork will use some specific language that will need to be supplemented with facts describing the current goal.
The first such area, just below the title, is reserved for the principal.
If you are, the principal then places your full name (as it appears on your official paperwork) on the empty line below the title.
Record your name again, on the first blank space in the first paragraph.
This paragraph is a required statement, so make sure to fulfil the following requests for information accurately.
You must also present your complete address in this statement.
Produce your street address, city, and state of residence across the next three blank lines.
Now, this statement will require the attorney-in-fact’s information to be completed.
The attorney-in-fact is the entity that will act as the main agent.
He or she will be charged with representing the principal in the manner this paperwork defines.
Record the attorney-in-fact or agent name in the space labelled “Attorney-in-Fact’s Name.”
The attorney-in-fact’s complete address must be included to solidify his or her identity.
The last three blank spaces in this statement should be used to report the street address, city, and state where he or she resides.
Note: It is strongly recommended you use the address reported on his or her identification (i.e. driver’s license).
3 – Review, Determine, and Then Approve The Principal Authority You Wish to designate
The next area will deal with the rights you are granting the Attorney-in-Fact by appointing him or her with the principal power you hold over one or more subject matters of your choosing.
Such matters are categorized and described by the list included in “I. Powers.”
If you would like the Attorney-in-Fact to have the authority to represent you in a way described by one of the list items, then place your initials on the blank space that precedes it.
When this paperwork is completed and signed it will define the principal powers given to the Attorney-in-Fact using only the items on this list that bear the principal’s initials.
|No. of Pages||7|
|PDF Size||2 MB|
General Power Of AttorneyTemplate PDF Free Download