Power OF Attorney Sample Template

 

Small Business Assistant

A power of attorney (P.O.A.) document is a legal document that legally appoints a representative the power to make decisions for you in case you no longer can. P.O.A.'s are typically created as legal paperwork that goes into effect if a person becomes incapacitated due to an accident or illness.

The person assigned to this position is typically a family member or very close friend. When choosing your representative, make sure you talk with them in order to ensure they will are willing and able to take care of the responsibilities they will be handed. These responsibilities can include payment of bills, titles to property, care of children, and even the ability to make your medical decisions. You are able to state anything specific you would like to have noted in your p.o.a. letter.

Value of Generic P.O.A. Forms:

Generic and blank forms are a great way to get started and can save you hundreds of dollars in legal fees. The only thing that is required to make these documents legally binding is to make sure they are notarized. Notarization can be done at any bank or government office. Many businesses also have someone authorized to give notarization in house. This blank paperwork also gives you the ability for extensive personalization as long as you put the time and effort into it. Free Power of Attorney Form Download printable Power of Attorney forms that can help you when you are trying to create your own Power of Attorney document.

Power of Attorney Terminology

Principal/Grantor/Donor The person who is assigning rights. If you are drawing up this document for yourself, you are the principal. Agent The person to who you are assigning the rights to. This will be the person that takes care of your affairs if you are to become incapacitated. Personal Power of Attorney Your Personal Power of Attorney is a legal document that enables your appointed representative to make decisions and take care of personal matters for you if you were to become incapacitated. Business Power of Attorney A business power of attorney assigns someone to specifically take over your business routines. In this document, you can specify what these powers entail and also your specific desires. Medical Power of Attorney A medical power of attorney is a specific document that allows control over medical decisions if the principal were to become incapacitated. This document will also specify your particular medical desires, for example, if you would like to be assigned as "Do Not Resuscitate" State Specific Power of Attorney It is important to be aware that every state and country may have different specifications when it comes to documentation requirements. It is crucial that you know these differences to avoid issues when the document needs to go into effect.

Power of Attorney

Effective Date             ____/____/______

I, do hereby                 [Legal Name], AKA [Name]

A resident of               [City][State]

Located at                   [Address]

                                    [City], [State] [Zip Code]

Do Hereby Appoint     [Legal Name]

A resident of               [City][State]

Located at                   [Address]

                                    [City], [State] [Zip Code]

 

As my attorney-in-fact to act on my behalf for the following purpose(s):

__________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

 

This power of attorney is to start to be effective on ____/____/______, and shall remain effective until ____/____/______.

I do hereby grant my attorney-in-fact complete and full authority to act in any reasonable and necessary manner for the purpose of exercising the above-mentioned powers. I also, ratify all the lawfully performed acts by my attorney-in-fact in exercising those powers.

I fully understand and agree that any third party who is given a copy of this Power of An attorney may act relying on it. I also agree that revocation of this Power of An attorney is effective to a third party only when they receive a receipt of actual notice by the third party. If due to reliance on the Power of Attorney, a third party suffers any loss, I agree to pay for any third party loss.

 

Applicable Law

 

This contract shall be governed by the laws of the State of __________ in __________ County and any applicable Federal Law.

 

 

_____________

_____________________________________                         Date____________  

Signature of Principle

 

By accepting this appointment and acting under it, I the attorney-in-fact (“Agent”) do hereby assume the legal responsibilities of an agent.

 

 

_______________________________________________________________Date__________

Signature of Attorney-in-Fact

 

 

WITNESS #1) _________________________________

 

WITNESS #2) _________________________________

 

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