Don't be in a rush! Consider the 5 Safety Tips for your Power of Attorney as illustrated here, notably:. Power of Attorney Safety Tips. Make your selection from our extensive list of free legal templates, but do take a minute and review the definitions and legal guidelines that may assist you in compiling your legal document.
Take a look especially at the difference the wording "durable" or "lasting" can make to your General Power of Attorney form further down on this page. If you have elderly parents, this could become very important should they lose intellectual capacity.
For example,. You can revoke a power of attorney at any time as long as you are legally competent by:. You can set the expiration date or event in the POA document. If an expiration date or event is not set, the power of attorney expires when:. The Power of Attorney is frequently used in the event of a Principal's illness or disability, or in legal transactions where the Principal cannot be present to sign necessary legal documents.
It can be either for all purposes known as "General" or for a specific purpose known as "Special" or "Limited". Share This! Table of Contents. New Hampshire. New Jersey. New Mexico. New York. Signing Details Where will you sign this mandate?
How wide should the top margin width be? Please wait, your document is being prepared. Liability of Attorney-in-fact My Attorney-in-fact will not be liable to me, my estate, my heirs, successors or assigns for any action taken or not taken under this document, except for willful misconduct or gross negligence. Effective Date This Power of Attorney will start immediately and will cease to be in effect upon a finding of my mental incapacity or mental infirmity which may occur after my execution of this Power of Attorney.
Attorney-in-fact Compensation My Attorney-in-fact will receive no compensation except for the reimbursement of all out of pocket expenses associated with the carrying out of my wishes. Co-owning of Assets and Mixing of Funds My Attorney-in-fact may not mix any funds owned by him or her in with my funds and all assets should remain separately owned if at all possible. Personal Gain from Managing My Affairs My Attorney-in-fact is not allowed to personally gain from any transaction he or she may complete on my behalf.
Delegation of Authority My Attorney-in-fact may not delegate any authority granted under this document. Attorney-in-fact Restrictions This Power of Attorney is not subject to any conditions or restrictions other than those noted above. Notice to Third Parties Any third party who receives a valid copy of this Power of Attorney can rely on and act under it.
Revocation of this Power of Attorney will not be effective as to a third party until the third party receives notice and has actual knowledge of the revocation. Severability If any part of any provision of this document is ruled invalid or unenforceable under applicable law, such part will be ineffective to the extent of such invalidity only, without in any way affecting the remaining parts of such provisions or the remaining provisions of this document.
I am an adult with capacity to witness the signing of the Power of Attorney and I am the subscribing witness thereto. What makes a POA executable? The legal requirements for the execution of a POA may have small differences depending on the state, but the document is legally executable only if: The document is in writing and signed by the principal, with at least two adult witnesses present.
It should also highlight if the powers are durable or not. Parties should be identified. It should be in the correct format. What can you use the POA for? Notary Public and 2 Witness. Principal and Representative. New Hampshire.
Rocket Lawyer provides information and software only. Rocket Lawyer is not a "lawyer referral service" and does not provide legal advice or participate in any legal representation. Rocket Lawyer is not a law firm or a substitute for an attorney or law firm. Back to Activities. Power of attorney is the act of giving another person the right to represent you. You must:. Unless the instructions contained in this power of attorney state otherwise, you must also:.
Termination of Agent's Authority. You must stop acting on behalf of the principal if you learn of any event that terminates this power of attorney or your authority under this power of attorney.
Events that terminate a power of attorney or your authority to act under a power of attorney include:. Liability of Agent. If you violate the Alabama Uniform Power of Attorney Act, Chapter 1A, Title 26, Code of Alabama , or act outside the authority granted, you may be liable for any damages caused by your violation.
If there is anything about this document or your duties that you do not understand, you should seek legal advice. A Power of Attorney form allows you to appoint another person to act on your behalf should you ever require someone to make short- or long-term decisions for you.