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The requirements and restrictions vary in each state; however, in Mississippi, your document will require notarization. If your agent will have the authority to manage real estate transactions, the Power of Attorney will need to be acknowledged by a notary and recorded or filed with the county.
Steps for Making a Financial Power of Attorney in Mississippi 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 Chancery Clerk's Office.
A Mississippi limited power of attorney form is a form a person can use to assign decision-making authority in personal and financial matters to a representative for a specific transaction or time period.
Individual Document Preparation Specific document preparation, like drafting a single will or power of attorney, can cost between $150 and $400 per document in Mississippi.
A power of attorney must be signed by the principal or in the principal's conscious presence by another individual directed by the principal to sign the principal's name on the power of attorney.
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Legal Requirements for Durable Power of Attorney Dated. Signed by the ?principal? or creator of the power of attorney or advance directive. Signed by two adult witnesses, at least one of whom isn't related to principal OR acknowledged by a notary public. Specifically authorizes the agent to make health care decisions.