This is a statutory form provided for in the Georgia Code that allows you to name one or more persons to help you handle your financial affairs. It grants your attorney in fact (your agent) VERY broad powers with regard to your property and finances. This Power of Attorney does NOT provide for health care services. As long as you are living, the financial power of attorney will remain in effect even if you become incapacitated or unable to communicate your wishes unless a guardian is appointed for your property or you include a date or specific occurrence when you want your document to be canceled.
Power Of Attorney For Financial Illinois
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How to fill out Georgia Statutory General Power Of Attorney With Durable Provisions - Financial Power Of Attorney?
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To make a POA in Illinois, you must sign the POA in the presence a notary public and at least one witness.
How to Write 1 ? Click On The Button Below The File Image On This Page. Consolidate your paperwork. ... 2 ? Record The Vehicle Owner's Information. ... 3 ? Record the Agent's Information. ... 4 ? Define The Vehicle Concerned. ... 5 ? If The Vehicle Is Purchased. ... 6 ? Complete This Form.
The POA cannot transfer the responsibility to another Agent at any time. The POA cannot make any legal or financial decisions after the death of the Principal, at which point the Executor of the Estate would take over. The POA cannot distribute inheritances or transfer assets after the death of the Principal.
The purpose of this Power of Attorney is to give your designated "agent" broad powers to handle your financial affairs, which may include the power to pledge, sell, or dispose of any of your real or personal property, even without your consent or any advance notice to you.
(NOTE: This power of attorney will not be effective unless it is signed by at least one witness and your signature is notarized, using the form below. The notary may not also sign as a witness.)