General Power Of Attorney - General Powers (Generic) {POA 503} | Pdf Fpdf Docx | Legal Forms

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General Power Of Attorney - General Powers (Generic) {POA 503} | Pdf Fpdf Docx | Legal Forms

Last updated: 11/9/2017

General Power Of Attorney - General Powers (Generic) {POA 503}

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Description

GENERAL POWER OF ATTORNEY NOTICE: THE POWERS GRANTED BY THIS DOCUMENT ARE BROAD AND SWEEPING. IF YOU HAVE ANY QUESTIONS ABOUT THESE POWERS, OBTAIN COMPETENT LEGAL ADVICE. THIS DOCUMENT DOES NOT AUTHORIZE ANYONE TO MAKE MEDICAL AND OTHER HEALTH-CARE DECISIONS FOR YOU. YOU MAY REVOKE THIS POWER OF ATTORNEY IF YOU LATER WISH TO DO SO. KNOW ALL MEN BY THESE PRESENTS that I, (donor or principal?person giving power of attorney), residing at (address), being of sound mind and legal capacity, do hereby make and appoint (agent, donee or attorney in fact - person receiving power of attorney), of (address), my true and lawful attorney-in-fact (agent), to act in my name and place, and for my use and benefit to do on my behalf anything that I can lawfully do by an attorney. I hereby revoke any and all general powers of attorney that previously have been signed by me. However, the preceding sentence shall not have the effect of revoking any powers of attorney that are directly related to my health care that previously have been signed by me. My attorney in fact is authorized to act in my name, place and stead and for and on my behalf to do the following: Conduct banking transactions; Authorize payment of bills; Run my business; Buy, manage and sell property; Enter into binding contracts on my behalf Control my investments; Prepare and file my taxes; Authorize payment of bills; Enter safety deposit boxes; Handle legal claims; Handle government issues; Make gifts; Make financial and estate planning decisions; Collect Social Security and other benefits; Settle claims; Employ professional assistance; Make transfers to revocable living trusts; and Collect debts. This instrument shall be construed and interpreted as a general power of attorney. The enumeration of specific items, acts, rights or powers in this agreement does not limit or restrict and shall not be construed or interpreted as limiting or restricting the general powers granted by this agreement to my attorney in fact. Any power or authority granted to my Agent under this document shall be limited to the extent necessary to prevent this Power of Attorney from causing: (i) My income to be taxable to my Agent, (ii) My assets to be subject to a general power of appointment by my Agent, and (iii) My Agent to have any incidents of ownership with respect to any life insurance policies that I may own on the life of my Agent. This Power of Attorney shall be effective on the date of , [year] and shall not be affected by my disability or mental incompetency, except as may be provided otherwise by an applicable state statute governed by the laws of the state of . I may revoke this Power of Attorney at any time by providing written notice to my Agent. Principal's Signature American LegalNet, Inc. 251 www.FormsWorkFlow.com / / Date Agreed to and accepted by: Agent's Signature / / Date WITNESSES: We know the principal personally and we believe him/her to be at least 18 years of age and of sound mind. This document was signed in our presence. The principal appears to be of sound mind, and to be making this designation voluntarily, without duress, fraud or undue influence. Witness 1: Name Address Signature Date / / Witness 2: Name Address Signature Date / / Subscribed and sworn to before me on this day of , 20 . Notary's Signature

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