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Steps for Making a Financial Power of Attorney in Tennessee Create the POA Using a Form, Software or an Attorney. ... Sign the POA in the Presence of a Notary Public. ... Store the Original POA in a Safe Place. ... Give a Copy to Your Agent or Attorney-in-Fact. ... File a Copy With the Register of Deeds.
A power of attorney is ?durable? when the power remains effective even if you are incompetent or unable to communicate. That means, the document is designed to continue to be effective when you are disabled or no longer mentally competent and you cannot act on your own.
File a Copy With the Register of Deeds If you gave your agent the power to conduct transactions with real estate, you should also file a copy of your POA in the land records office (called the register of deeds in Tennessee) in the county or counties where you own real estate.
Under Tennessee law, for a power of attorney to be valid it must either be signed in the presence of a notary or witnessed by two disinterested parties. (A witness cannot be an agent). Conversely, in Kentucky, a power of attorney must have both two witnesses and a notary to be valid.
At any time by the person who granted it, as long as that person is mentally competent. A person who gives a power of attorney can revoke it by having it returned and then destroying it, or by giving the individual to whom the power was granted a written statement revoking it.
If your agent will manage real estate transactions, the Power of Attorney will need to be signed by a notary and filed or recorded with your county.
Under Tennessee law, for a power of attorney to be valid it must either be signed in the presence of a notary or witnessed by two disinterested parties.
The Handbook contains practical information on a wide range of topics, including issues such as applying for Social Security benefits, long-term care considerations and estate planning, as well as completely new sections addressing online security and new health care legislation.