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 Ca Withholding Tax
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How to fill out California Uniform Statutory Power Of Attorney - Property - Finances - Section 4401?
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The difference has to do with whether the powers remain effective after the onset of a disability. That is, the regular power of attorney ceases to be effective if you become disabled, whereas the ?durable? power of attorney continues to be effective despite your subsequent disability.
THE POWERS YOU GRANT BELOW ARE EFFECTIVE. EVEN IF YOU BECOME DISABLED OR INCOMPETENT. CAUTION: A DURABLE POWER OF ATTORNEY IS AN IMPORTANT LEGAL DOCUMENT. BY SIGNING THE DURABLE POWER OF ATTORNEY, YOU ARE AUTHORIZING ANOTHER PERSON TO ACT FOR YOU, THE PRINCIPAL.
Uniform Statutory Form Power of Attorney Act¹ provides a. short statutory form that gives the agent (attorney in fact) authority to act with respect to one or more of 13 categories of. transactions or matters, such as "real property transactions" or. "banking and other financial institution transactions."
Uniform Statutory Form Power of Attorney (Statutory POA) The Statutory POA is a form the State of California provides in Probate Code (PC) § 4401 that can be completed as either a durable or non-durable POA.
In California, you must use a specific power of attorney form as dictated by the state code. You can find financial POAs in California Probate Code Section 4401, called a Uniform Statutory Form Power of Attorney. This is used to create general or limited POAs.