This General Durable Power of Attorney for Property and Finances Effective upon Disability form is a general, durable power of attorney which is effective, or springs into effect, ONLY upon the principal's disability, incompetency or incapacity. You can use this form to appoint an attorney-in-fact (agent) to make decisions regarding property, financial, management, banking, business and other matters for you. The powers granted to an Agent in this Power of Attorney are very broad, but this Power of Attorney does NOT provide for health care services.
Alabama Durable Power Of Attorney With 2 Agents
Category:
State:
Alabama
Control #:
AL-P003
Format:
Word;
Rich Text
Instant download
Description
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How to fill out Alabama General Durable Power Of Attorney For Property And Finances Or Financial Effective Upon Disability?
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FAQ
Yes, you can name more than one person on your durable power of attorney, but our law firm generally advise against it under most circumstances. First, there is no legal reason why you cannot name more than one person as your power of attorney - you can name 10 people if you want.
While Alabama does not technically require you to get your POA notarized, notarization is very strongly recommended. Under Alabama law, when you sign your POA in the presence of a notary public, you signature is presumed to be genuinemeaning your POA is more ironclad.
Couples can make Mirror Lasting Power of Attorneys, nominating each other or the same people to act as their attorneys.
You can choose one or more people to be your attorney. If you appoint more than one, you must decide whether they'll make decisions separately or together.
How To Get an Alabama Financial Power of Attorney FormChoose an agent. Your agent must be over age 18 and willing and able to act in your best interests.Assign duties to your agent. Your agent's duties depend entirely on you.Hire a notary public.Distribute copies.Revoking a Financial Power of Attorney.