A durable power of attorney enables an individual to appoint an agent to perform financial transactions and other specific activities in case of he or she becomes incapacitated mentally or physically. They help the individual to transfer powers only when he is incapacitated, thus protects the legal rights of the principal. A durable power of attorney ends by the death of the individual. One can go through Power of Attorney Forms to understand how they differ from a durable power of attorney.
Statutory Durable Power of Attorney Form
This statuary durable power of attorney form presents the principal name and attorney-in-fact name which enables granting powers to perform several transactions like real estate, stock and bond, banking and financial institution, business operating transactions, etc. It obtains the signature of the principal and the notary.
General Durable Power of Attorney Form
This general durable power of attorney form presents the principal name and the agent name as well as lists the powers that are granted to the agent. It also mentions power of attorney effective date and the duration.
Durable Power of Attorney For Health Care Form
This durable power of attorney for health care form presents the patient name, appointed patient advocate name, and address. It mentions various medical care decisions to be taken by the attorney-in-fact. It obtains the signature of the patient and witnesses.
Printable Durable Power of Attorney Form
This durable power of attorney form presents the name of principal and county, the name of attorney-in-fact and describes the acts as well as deeds to be performed by the attorney-in-fact. It obtains the signature of principal and witnesses.
Sample Durable Financial Power of Attorney Form
This durable financial power of attorney form presents the name of principal, name of the agent and address as well as the effective date. It mentions all the powers that are transferred to the agent. It obtains the signatures of the principal, witnesses and notary.
Blank Durable Power of Attorney Form
This blank durable power of attorney form presents the principal name and attorney-in-fact name as well as lists various activities that can be performed by the attorney-in-fact. It obtains the signatures of principal, witnesses and notary public.
Special Durable Power of Attorney Form
This special durable power of attorney form presents the name of LACERA member name and address, attorney-in-fact name and address as well as the relationship with the member. It obtains the signatures of the principal, agent, witnesses and notary public.
Sample Durable Personal Power of Attorney
This durable persona power of attorney presents the principal name, agent and additional agent names and addresses. It mentions various terms and conditions as well as obtains the signatures of the principal, agent, witness and notary public.
Limited Durable Power of Attorney
This limited durable power of attorney presents the name of the vehicle owner, the name of an attorney-in-fact, type of transaction, vehicle make, model, model year and vehicle identification number. It obtains the signatures of vehicle owner and notary public.
Medical Durable Power of Attorney
This medical durable power of attorney presents the name of the declarant, agent name, contact number, and address. It also presents the names of alternate agent names and address. It mentions instructions with regards to medical care decisions and obtains the signatures of the declarant, agent, witnesses and notary public.
Simple Durable Power of Attorney Form
What to Include in Durable Power of Attorney Form?
A durable power of attorney form should contain the name and address of the principal, attorney-in-fact or agent name, and address. They should also contain alternate agent name and address. They should mention the effective date of a durable power of attorney. They should specify the powers, transactions, acts and deeds that are being transferred to the agent.
They should also mention specific instructions or limitations while granting powers to the attorney-in-fact. They should be signed by the principal, agents and notary public. In the medical durable power of attorney, the patient should mention possible medical decisions that are transferred to the agent. You may also see Medical Authorization Forms.
What are the Benefits of Durable Power of Attorney Form?
Some of the benefits of durable power of attorney are
- They enable individual to perform legal and other important transactions smoothly in case of he becoming incapacitated
- They enable individual to get prompt medical treatment by making medical durable attorney of power
- They enable individual to make legal as well as financial decisions on behalf of principal
- They enable individuals to perform banking transactions like withdrawals and deposits
- They enable individuals to purchase or sell the vehicles
- They help individuals to receive parcels and other documents that are sent through postal department
- They enable individuals to pay taxes without any hindrances
There are plenty of varieties of a durable power of attorney forms that are available, which can be downloaded from the internet and used. They come with printer friendly format also. They are extensively used by the individuals to grant powers to agents to perform financial transactions as well as take decisions with regards to medical treatment. You can also see Medical Records Release Forms.
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