This is a statutory form, that is, it is provided in the North Carolina General Statutes. By using this form, you can create a general, limited or durable Power of Attorney that gives an attorney-in-fact (agent) the authority to make decisions regarding property, financial, business, insurance and other matters. This Power of Attorney does NOT provide for health care services. If created as a durable power of attorney, it is required to be registered with the Register of Deeds office in order to be effective after the principal's disability.
Power Of Attorney With Multiple Agents
Category:
State:
North Carolina
Control #:
NC-P010
Format:
Word;
Rich Text
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How to fill out North Carolina Statutory Short Form Of General Power Of Attorney?
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FAQ
Your parents' next of kin (a spouse, you, other siblings etc) cannot just take control of their finances or make health-related decisions. The only person who can do this legally is the nominated power of attorney.
Yes, you can name more than one person on your durable power of attorney, but our law firm generally advise against it under most circumstances. First, there is no legal reason why you cannot name more than one person as your power of attorney - you can name 10 people if you want.
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For example, you might want to create a financial power of attorney that names two agents. An essential document in any Florida estate plan should include a Durable Power of Attorney ("DPOA").A durable power of attorney allows your agent to make decisions on your behalf even if you become incapacitated. ; (2) Name Of Principal. Yes. You may appoint multiple Agents. Yes, you can name more than one person on your durable power of attorney, but our law firm generally advise against it under most circumstances. The agent dies, becomes incapacitated, or resigns;. Agent includes an original agent, coagent, successor agent and a person to which an agent's authority is delegated. 2010 N.Y. Laws ch. 340. Under a durable power of attorney, two (2) or three (3) agents working together is forbidden.