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In Illinois, the basic requirements for a power of attorney include: The form must designate the agent and the agent's powers. The principal must properly sign the agreement. Certain forms make the principal acknowledge their signature before a witness or notary public (the notary public may not also be the witness)
It is a good way to make sure that someone you trust will handle your property for you if you become incapacitated. The POA can be written to limit your agents powers or to give them unlimited powers, including, but not limited to: Make real estate or personal property transactions.
For real estate transaction, Illinois requires the filing of a standard power of attorney form called the Illinois Statutory Short Form Power of Attorney for Property.
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.
Email ? Email it to REV.POA@illinois.gov. You should scan and save each Form IL-2848 as a separate PDF document and attach it to your email request.
Email ? Email it to REV.POA@illinois.gov. You should scan and save each Form IL-2848 as a separate PDF document and attach it to your email request. These requests will be processed in three business days, and you will receive confirmation that your request is approved.
Following methods: ? MyTax Illinois ? Upload it as a single PDF file using. mytax.illinois.gov. ? Email ? Attach it as a single PDF file and send to. REV.POA@illinois.gov. ... ? Fax ? Send it as a single fax to 217 782-4217. ... ILLINOIS DEPARTMENT OF REVENUE. POWER OF ATTORNEY FORMS 3-252. PO BOX 19001.
For your POA to be valid in Illinois, it must meet certain requirements. Mental Capacity for Creating a POA. ... Witnessing and Notarization Requirement. ... Statutory Language. ... Create the POA Using a Statutory Form, Software, or Attorney. ... Sign the POA in the Presence of a Notary Public. ... Store the Original POA in a Safe Place.