This Power of Attorney is a statutory form which means it has been approved by the state legislature. It provides for the appointment of an attorney-in-fact for various matters, which you select, including property, finances, real estate, business, banking, litigation and many more options. Note: Do not alter this statutory form other than to include the optional provisions listed.
Illinois Statutory Form Power Of Attorney
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How to fill out Illinois Statutory General Power Of Attorney With Durable Provisions - Short Form Power Of Attorney For Property?
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Use the IDOR Power of Attorney submission link in the "Additional Services" panel on the lower portion of the MyTax Illinois home page. Email ? Email it to REV.POA@illinois.gov. You should scan and save each Form IL-2848 as a separate PDF document and attach it to your email request.
The purpose of this Power of Attorney is to give your designated ?agent? broad powers to handle your financial affairs, which may include the power to pledge, sell, or dispose of any of your real or personal property, even without your consent or any advance notice to you.
One major downfall of a POA is the agent may act in ways or do things that the principal had not intended. There is no direct oversight of the agent's activities by anyone other than you, the principal. This can lend a hand to situations such as elder financial abuse and/or fraud.
The POA cannot transfer the responsibility to another Agent at any time. The POA cannot make any legal or financial decisions after the death of the Principal, at which point the Executor of the Estate would take over. The POA cannot distribute inheritances or transfer assets after the death of the Principal.
ILLINOIS STATUTORY SHORT FORM POWER OF ATTORNEY FOR HEALTH CARE (NOTICE: THE PURPOSE OF THIS POWER OF ATTORNEY IS TO GIVE THE PERSON YOU DESIGNATE (YOUR ?AGENT?) BROAD POWERS TO MAKE HEALTH CARE DECISIONS FOR YOU, INCLUDING POWER TO REQUIRE, CONSENT TO OR WITHDRAW ANY TYPE OF PERSONAL CARE OR MEDICAL TREATMENT FOR ANY ...