Affidavit As to Principal's Competence At Time of Granting Power of Attorney
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Witnesses are generally at least 18 years of age and cannot be the agent, the notary, any relative by blood, adoption, or marriage, or a third party who intends to interact with the agent (e.g., medical doctor, banking professional, etc.)
Affidavit of power of attorney. A power of attorney (POA) is a legal document signed by one person, known as the principal, that gives another person, the agent, the authority to act on the principal's behalf.This type of affidavit verifies certain financial information relating to the affiant.
An authorised person includes a Justice of the Peace (JP), a solicitor or barrister. After witnessing your signature, the witness must also sign your affidavit.
After the principal's name, write by and then sign your own name. Under or after the signature line, indicate your status as POA by including any of the following identifiers: as POA, as Agent, as Attorney in Fact or as Power of Attorney.
The ordinary process for other documents such as letters, forms or general legal documents is that you write 'p. p' before your signature, to demonstrate that you are signing for someone else. This will show the reader that you've signed with the authority of the intended signee.
Name, signature, and address of the principal. Name, signature, and address of the agent. Properties and activities under the authority of the agent. Date of effect and termination of authority. Compensation to services of the agent.
If your parent has not established durable POA or has become incompetent after establishing a nondurable POA, you will need to petition a local family or probate court to declare your parent incompetent and grant you legal guardianship. Legal guardianship is called conservatorship in some states.
A third party may require you, as the Attorney-in-Fact, to sign an affidavit stating that you are validly exercising your duties under the Power of Attorney. If you want to use the Power of Attorney, you do need to sign the affidavit if so requested by the third party.
You can use a Power of Attorney for almost any financial purpose including: signing legally binding documents. operating bank accounts. paying bills.
