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 (agent) for various matters, including property, finances, real estate, business, banking, litigation and many more options.
Montana Power Attorney With Trust
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How to fill out Montana Statutory General Power Of Attorney With Durable Provisions?
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FAQ
Does a Power of Attorney remain valid after a death? The short answer is no, a Power of Attorney dies with the person. A Power of Attorney is a document that grants another person permission to act on their behalf, during life, thus when that individual passes away, the document is null and void.
Durable (Statutory) Power of Attorney ? This allows financial powers to be given to someone else and remains valid in the event of incapacitation by the principal. Signing Requirements (§ 72-31-305): Notary public.
A Montana durable statutory power of attorney form allows a person to appoint someone else to handle their financial-related affairs on their behalf. The designation only occurs while the person granting power, the ?principal?, is alive and continues even if they should become incapacitated.
This power of attorney authorizes another person (your agent) to make decisions concerning your property for you (the principal). Your agent will be able to make decisions and act with respect to your property (including your money) whether or not you are able to act for yourself.