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 General Durable Power Of Attorney Form
Category:
State:
Alabama
Control #:
AL-P003
Format:
Word;
Rich Text
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How to fill out Alabama General Durable Power Of Attorney Form?
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A durable power of attorney (POA) allows a person (agent, usually denominated as attorney-in-fact) to conduct your affairs if you are not present or not able. Durable means it is not terminated by the principal's incapacity.
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.
Notarization Requirement 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.
RequirementsThe Alabama POA document must list the: full contact information and signature of the principal. name of the agent(s) date the agreement is made. powers granted. when the powers begin and end.The power of attorney form must be signed in the presence of a notary public.
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The laws governing PoA forms vary in each state; however, in Alabama, your Power of Attorney will require notarization. An Alabama durable power of attorney allows a person to delegate another individual ("agent") to handle certain financial matters on their behalf.A durable power of attorney continues even after you become incapacitated. If you do not use the word "durable," a power ends when you become incapacitated. Alabama Form 2848A is very similar to the federal form. CAUTION: A separate Form 2848A should be completed for each taxpayer.