This form is a Uniform Statutory Form of Power of Attorney for California for property, finances and other powers you specify. It also provides that it can be durable.
Uniform Statutory Form Power of Attorney is a legal document in California that grants authority to an agent or attorney-in-fact to act on behalf of the principal in various financial and legal matters. This standardized form is recognized by the state and provides protection and clarity for the principal, agent, and third parties involved. The California Uniform Statutory Form Power of Attorney is governed by the California Probate Code Section 4400 et seq. It outlines the specific powers and limitations granted to the agent and ensures that the principal's interests are safeguarded. The Uniform Statutory Form Power of Attorney allows the principal to designate an agent who can manage their financial affairs, real estate, personal property, and other legal matters. The document specifies the powers granted to the agent, which can include buying or selling property, managing investments, handling banking transactions, signing contracts, and making healthcare decisions. In California, there are different types of Uniform Statutory Form Power of Attorney forms available, depending on the needs and preferences of the principal: 1. General Power of Attorney: This form grants the agent broad authority to handle all financial and legal matters on behalf of the principal. It is valid until revoked or until the principal becomes incapacitated. 2. Limited Power of Attorney: This form grants the agent limited authority to perform specific tasks or make certain decisions on behalf of the principal. The limits are clearly defined within the document. 3. Durable Power of Attorney: This form remains in effect even if the principal becomes incapacitated. It ensures the continued management of financial and legal matters, even when the principal is unable to make decisions themselves. The Uniform Statutory Form Power of Attorney in California is an important legal tool that enables individuals to plan for unforeseen circumstances and ensure their affairs are managed according to their wishes. It is crucial to consult with a qualified attorney when executing this form to ensure compliance with California law and to address any specific concerns or needs.
