Carl Glendon

What are the Witness Requirements for a Durable Power of Attorney?

A General Durable Power of Attorney is a legally binding document that lets you authorize an agent and appoint him to sign documents as well as carry out other activities for you. It can stay in effect even when you are incapable of management of your own affairs or lose your mental faculties. Witnesses serve as proofs that your POA document is authentic. Find out about the witness requirements for a durable POA.

Financial Durable POA

A General Durable POA for handling finances might be general, and give an agent the authority to conduct almost any action that the principal can do - such as signing legal documents, making bill payments, accessing bank account regularly etc. A Special POA or Limited POA directs agents to one or a cluster of transactions like selling a piece of land or a vehicle. Whether it is a special or a general financial power of attorney, the signing requirements are determined by state laws. Please visit this site to get a sample power of attorney form in Colorado.

Real Estate Durable POA

States might need a power of attorney for real estate to be used for mortgaging or selling of premises to be recorded in the real estate records of the county where the property stands in. County recording offices might refuse recording a non-notarized POA, even when it is witnessed. Title insurance agents and Closing attorneys might also refuse to accept a POA that was not notarized in a proper way.

Health Care Durable POA

This is prepared generally as a separate document, and not included in a Financial POA. It is also called an advance directive, and might be regulated by a varied set of requirements and laws than a Financial POA. In many states, 2 witnesses have to be present for a healthcare durable POA to be notarized. However, you might prefer to sign your POA before a notary public.

Author Resource:-

Carl writes often about legal drafting, rental lease agreements, power of attorney form sand help the people in such needs. You can find his thoughts at my legal forms. To learn more about ?drafting a power of attorney form in Ohio? online?, visit this website.