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A Florida durable power of attorney form represents a way in which an individual, or principal, can have someone act for them with regard to their finances and other areas of life. The durable type of POA stays in effect even if the principal ends up in a situation where he or she cannot think or act or communicate.
GIVING AND GRANTING unto my said Attorney full power and authority to do and perform all and every act and thing whatsoever requisite, necessary or appropriate to be done in and about the premises as fully to all intents and purposes as I might or could do if personally present, hereby ratifying all that my said ...
An original power of attorney may be required to be recorded into the Official Records if it is relied upon to affect title to real property. Please seek legal advice regarding use of a power of attorney or review Florida Statute 709 Part II.
How to make a Florida power of attorney Decide which type of power of attorney to make. ... Decide who you want to be your agent. ... Decide what authority you want to give your agent. ... Get a power of attorney form. ... Complete the form, sign it, and have it notarized or witnessed.
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.
How much does a Power of Attorney cost in Florida? The fees associated with working with an attorney to create a Power of Attorney can total anywhere between $200 and $500, based on your location.
In order to be effective, a Florida power of attorney must be signed by the principal and by two witnesses, and be notarized.
A GPOA is non-durable, which means that if the principal becomes mentally incompetent (incapacitated), the agent's designation terminates immediately. Signing Requirements ? A GPOA is signed in ance with state law.