Handling legal documents can be irritating, even for seasoned professionals.
When searching for a Power of Attorney Form in Florida and lacking the opportunity to invest time in finding the correct and current version, the process can become overwhelming.
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One major downfall of a POA is the agent may act in ways or do things that the principal had not intended. There is no direct oversight of the agent's activities by anyone other than you, the principal. This can lend a hand to situations such as elder financial abuse and/or fraud.
How to create a power of attorney in Florida Create your official document. You can work with an attorney, use estate planning software or download forms from the state of Florida. ... Sign your POA with the required notary and witnesses present. ... Provide a copy of your POA to other relevant parties.
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.
An original power of attorney may be required to be recorded into the Official Records if it is relied upon to affect title to real property. Please seek legal advice regarding use of a power of attorney or review Florida Statute 709 Part II.
How much does a power of attorney cost in Florida? Though a power of attorney can be drafted online and later notarized for less than $100, it is best to consult a lawyer when completing such an important legal document. That being said, the average legal fees range from $250 to $500.