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.
Durable Power Of Attorney Form Az
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How to fill out Arizona Durable Power Of Attorney?
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FAQ
Does a Power of Attorney have to be recorded? It does not have to be recorded immediately after you sign it. If your Agent has to handle a real estate transaction for you, the Power of Attorney will need to be recorded at the time of the transaction.
Does a power of attorney need to be notarized in Arizona by a Notary Public? By Arizona law a Durable power of attorney needs to signed in front of one witness and a notary public. Although the law in Arizona only require one at Citadel law Firm we usually use two.
The requirements to get power of attorney in Arizona, include: Be 18 years old. Be of sound mind. Make your POA in writing. POA must be signed in front of a notary public and a witness. Record the POA at public record.
A durable power of attorney is a special form of authorization that allows the attorney-in-fact to continue acting on the principal's behalf even if the principal is ill or unable to communicate.
Arizona durable power of attorney laws require that the appointed individual be a legal adult, have the capacity to understand this responsibility, and that the document be signed in the presence of at least one adult or notary public.