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In Rhode Island, you must specify on the form that the power is durable. If you do not, the form will lose effect if you become incapacitated, which defeats its purpose in some cases. Rhode Island requires that two witnesses or a notary public sign your form.
Establish a Durable Power of Attorney for Health Care Rhode Island law allows an individual to authorize another person to make decisions affecting their healthcare if they become unable to do so. You do not have to have a terminal condition to activate the Durable Power of Attorney for Health Care.
For most people, the best option is to have a general durable power of attorney because it gives your agent broad powers that will remain in effect if you lose the ability to handle your own finances. An attorney can customize a general POA to limit powers even more?or add powers, Berkley says.
File a Copy With the Recorder's Office If you gave your agent the power to conduct transactions with real estate, you should also file a copy of your POA in the land records office (called the recorder's office or town clerk's office in Rhode Island) in the county or counties where you own real estate.
If the power of attorney is granted to a person other than an attorney, certified public accountant, or licensed public accountant, or enrolled agent, it must be witnessed or notarized below.
Steps for Making a Financial Power of Attorney in Rhode Island Create the POA Using a Form, Software or an Attorney. ... Sign the POA in the Presence of a Notary Public. ... Store the Original POA in a Safe Place. ... Give a Copy to Your Agent or Attorney-in-Fact. ... File a Copy With the Recorder's Office.
A Rhode Island durable statutory power of attorney form is used to transfer authority over financial acts from one person (?principal?) to someone else (?agent?). The principal can choose more than one agent to act on their behalf and select to have them work jointly or severally.
A Rhode Island durable statutory power of attorney form is used to transfer authority over financial acts from one person (?principal?) to someone else (?agent?). The principal can choose more than one agent to act on their behalf and select to have them work jointly or severally.