Pennsylvania Statutory Form Power Of Attorney

State:
Pennsylvania
Control #:
PA-P023B
Format:
Word; 
Rich Text
Instant download

Description

The Pennsylvania statutory form power of attorney serves as a crucial legal document allowing individuals (the principal) to designate another person (the agent) to make decisions on their behalf regarding financial, legal, and healthcare matters. This form is particularly valuable for attorneys, partners, owners, associates, paralegals, and legal assistants as it facilitates the delegation of authority, ensuring decisions can be effectively made when the principal is unavailable or incapacitated. Key features of this form include the ability to customize the powers granted to the agent, clear revocation protocols, and compliance with Pennsylvania laws governing such agreements. Users should fill in their information completely and ensure the document is signed and witnessed according to legal requirements. The power of attorney can be used in various scenarios like managing financial affairs during medical emergencies, handling business transactions, or making healthcare decisions when the principal cannot do so. It is advisable to review the form periodically to ensure it reflects the current wishes of the principal and complies with Pennsylvania regulations.

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FAQ

A POA in Pennsylvania must be dated, signed by the principal, witnessed by two adults, and notarized. If the principal is not able to write, he or she may sign by making a mark (such as an "X") or by directing another person to sign on his or her behalf.

One must mention the following details on the Power of Attorney format PDF:The name of the principal.The name of the agent.Signature.Details and legal authorities provided to the agent.Other details depending on the Power of Attorney format for authorized signatories.20-Apr-2020

In Pennsylvania, the legislature has not drafted a standard form to use to create a financial POA. However, the law does require a notice and acknowledgment that you must include at the beginning of a financial POA that you draft.

You cannot give an attorney the power to: act in a way or make a decision that you cannot normally do yourself for example, anything outside the law. consent to a deprivation of liberty being imposed on you, without a court order.

What does it typically cost to get a Power of Attorney form in Pennsylvania? The fees associated with hiring a lawyer to write a Power of Attorney might total between $200 and $500, based on your location.

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Pennsylvania Statutory Form Power Of Attorney