If a person acting, or purporting to act, as a representative signs an instrument by signing either the name of the represented person or the name of the signer, the represented person is bound by the signature to the same extent the represented person would be bound if the signature were on a simple contract. If the represented person is bound, the signature of the representative is the authorized signature of the represented person, and the represented person is liable on the instrument, whether or not identified in the instrument.
Alabama Signature Authorization - Card Authorizing Attorney to Sign Signature of Depositor
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Multi-State
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US-01314BG
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Word;
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How to fill out Signature Authorization - Card Authorizing Attorney To Sign Signature Of Depositor?
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FAQ
A medical power of attorney gives someone the right to make decisions on your health care. A financial power of attorney lets someone handle your money and property. To sell your land, the power of attorney must specifically give that right. A limited power of attorney lets someone do some specific things for you.
While Alabama does not technically require you to get your POA notarized, notarization is very strongly recommended. Under Alabama law, when you sign your POA in the presence of a notary public, you signature is presumed to be genuine?meaning your POA is more ironclad.
ALABAMA COMMENT Section 26-1-2(a) requires that in order to make the power of attorney durable, there has to must be language in the instrument indicating the principal's intent to do so. A healthcare power of attorney is governed by Sections 26-1-2 and 26-1-2.1.
Any power of attorney automatically ends at your death. A durable POA also ends if: You revoke it. As long as you are mentally competent, you can revoke your document at any time.
Does a Power of Attorney remain valid after a death? The short answer is no, a Power of Attorney dies with the person. A Power of Attorney is a document that grants another person permission to act on their behalf, during life, thus when that individual passes away, the document is null and void.
The principal can always override a power of attorney, although it's possible for others to stop an agent from abusing their responsibilities.
The POA cannot transfer the responsibility to another Agent at any time. The POA cannot make any legal or financial decisions after the death of the Principal, at which point the Executor of the Estate would take over. The POA cannot distribute inheritances or transfer assets after the death of the Principal.
