Alaska Affidavit as to Principal's Competence at Time of Granting Power of Attorney

State:
Multi-State
Control #:
US-OG-910
Format:
Word; 
Rich Text
Instant download

Description

This form is an affidavit as to principal's competence at time of granting power of attorney.

How to fill out Affidavit As To Principal's Competence At Time Of Granting Power Of Attorney?

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FAQ

We recommend having a durable power of attorney for health care (aka an Advance Health Care Directive), a durable financial power of attorney, and a revocable living trust to ensure optimal management of your health as well as your assets. If you are not sure what you need, try taking our estate planning quiz.

An Alaska revocation of a power of attorney terminates the power of attorney arrangements from a previous agreement where an agent was listed as the financial, healthcare, or any other type of representative acting on behalf of the principal.

Also, the Power of Attorney is not valid unless the principal signs the POA form in front of a notary. If the principal is mentally competent but unable to sign his or her name, she can sign with an ?X? or direct another person to sign on her behalf. But again, this must be done in front of a notary.

The Alaska tax power of attorney form allows for a person or entity to be able to let another party be able to handle their tax filing needs with the Department of Revenue. The agent selected should only be a licensed professional and must be updated every year.

Under a durable power of attorney, the health care agent may refuse or consent to medical care or pain relief, but may not authorize the removal of life-sustaining care unless specifically indicated in the patient's living will. A durable power of attorney is revocable at any time in Alaska.

The Alaska tax power of attorney (Form 774) is a legal document created by the Department of Revenue for the purposes of enabling taxpayers to assign an appointee (?attorney-in-fact?) to manage their state taxes and represent them in front of the Department.

You can limit the time your agent will have power to act on your behalf or you can make the appointment ?durable,? which means your agent will have powers even if you become disabled. You can also indicate that the appointment will be revoked upon your incapacity.

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Alaska Affidavit as to Principal's Competence at Time of Granting Power of Attorney