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Under New Jersey state law, a person can only be named a POA, if they meet the following requirements. Competent adult. Signed and dated a power of attorney form. Two witnesses declared a power of attorney form was signed when declarant was of sound mind and body.
Especially as between a husband and wife or a parent and adult child, the law does not delegate legal decision making in favor of a spouse or child in the absence of a written power of attorney, guardianship or conservatorship.
In New Jersey, a durable power of attorney for finances is considered legally valid when it has been signed by the principal in the presence of a notary public. While not required by law, the document should also be signed by two witnesses who can attest to the sound mind of the principal at the time of signing.
A power of attorney is an important document that you want to get right. NJSA B-8.9 provides that a power of attorney must be in writing, duly signed and acknowledged, and notarized, said Catherine Romania, an estate planning attorney with Witman Stadtmauer in Florham Park.
What does it normally cost to get a Power of Attorney form in New Jersey? The fees associated with hiring and working with a lawyer to draft a Power of Attorney might range between $200 and $500.
State laws regulate how power of attorneys are processed and what is required to make it legal, which means this type of document is best created with the guidance of a New Jersey attorney.
To make a power of attorney in New Jersey, you must sign your POA in the presence of a notary public.
What does it normally cost to get a Power of Attorney form in New Jersey? The fees associated with hiring and working with a lawyer to draft a Power of Attorney might range between $200 and $500.