This form is a durable power of attorney. The form provides that the agent of the principal is only authorized to use the principal's funds for the best interest of the principal. If the agent fails to comply with principal's instructions, the agent then may be liable for criminal charges or civil liability.
Arizona Power Of Attorney Document With Notary
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How to fill out Arizona Durable Power Of Attorney?
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FAQ
In Arizona, durable financial powers of attorney are generally granted by preparing a written document outlining the powers. The person granting the powers signs the document before a notary and one witness.
For most people, the best option is to have a general durable power of attorney because it gives your agent broad powers that will remain in effect if you lose the ability to handle your own finances. An attorney can customize a general POA to limit powers even more?or add powers, Berkley says.
By Arizona law a Durable power of attorney needs to signed in front of one witness and a notary public.
Notarization and Witnessing Requirement Arizona law requires that you sign your POA in the presence of a notary public. A witness must also sign a statement before a notary. This witness cannot be: a person you named as an agent in the POA.
How To Get Power Of Attorney For Elderly Parents Start with an open conversation. Draft the document with an attorney. Have the power of attorney witnessed and notarized. Submit copies to the appropriate financial and healthcare organizations.