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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 financial power of attorney form allows a principal to name an individual, known as the attorney-in-fact, to manage their money and business affairs. With a ?durable? financial power of attorney, the authority of the attorney-in-fact become effective immediately.
A Rhode Island real estate power of attorney form enables a person to delegate their powers over a property to an agent. This paperwork can only be executed by the Principal who owns the real estate property being discussed.
You can write a POA in two forms: general or limited. A general power of attorney allows the agent to make a wide range of decisions. This is your best option if you want to maximize the person's freedom to handle your assets and manage your care.
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.