Montana Power Attorney With Trustee
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How to fill out Montana Statutory General Power Of Attorney With Durable Provisions?
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FAQ
If you give away the power to transact real estate, you'll also need to have the POA notarized to record (file) it in the land records office.
A trust can distribute assets immediately after your death if you wish, whereas assets passed by a will must wait for probate to conclude. Probate often takes many months and incurs the fees of an executor and attorney as well as court costs.
In Montana, there are generally four types of Power of Attorney: General, Durable, Special (or Limited), and Medical. A General POA gives broad powers to your agent to act in your stead. A Durable POA remains in effect even if you become incapacitated. A Special or Limited POA is for one-time or specific transactions.
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.
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.