Illinois Special Power of Attorney — Form 11— - Pre and Post 2005 Act is a legal document granting a designated individual, known as the "attorney-in-fact" or "agent," the authority to act on behalf of the individual granting the power of attorney, referred to as the "principal." This authorization can be limited to specific matters or broad enough to encompass a range of legal and financial decisions. Pre-2005 Act: 1. General Illinois Special Power of Attorney — Form 11B: This version grants the attorney-in-fact general authority to handle a wide range of personal, financial, and legal matters on behalf of the principal. It allows the agent to engage in activities such as managing real estate, handling financial transactions, and making healthcare decisions. 2. Limited Illinois Special Power of Attorney — Form 11B: With this form, the attorney-in-fact is granted specific and limited authority to perform only certain actions designated by the principal. This could include tasks such as selling a particular property, accessing specific bank accounts, or signing specific legal documents. Post-2005 Act: The Illinois Power of Attorney Act, enacted in 2005, introduced significant changes to the power of attorney laws in the state. The Act aimed to provide greater protection for principals and establish more uniform requirements. Although there might not be specific form numbers for post-2005 Act, the general concepts and types of powers of attorney in the pre-2005 Act are still applicable. It's important to note that the specific requirements and regulations for Illinois Special Power of Attorney — Form 11B may vary based on the version (PRE/post-2005 Act) and the individual's unique circumstances. Consulting with a qualified attorney is highly recommended ensuring compliance with the relevant laws and to customize the power of attorney document to address the principal's specific needs and concerns.
Illinois Special Power of Attorney - Form 11B - Pre and Post 2005 Act
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How to fill out Illinois Special Power Of Attorney - Form 11B - Pre And Post 2005 Act?
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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.
In order to execute an Illinois Power of Attorney for Property, the Principal must be 18 years of age and a resident of Illinois. The Agent must also be 18 years of age, and need not be an Illinois resident. Finally, the Power of Attorney for Property must be signed by the Principal, witnessed and notarized.
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.
POWER OF ATTORNEY FOR PROPERTY (NOTICE: THE PURPOSE OF THIS POWER OF ATTORNEY IS TO GIVE THE PERSON YOU DESIGNATE (YOUR "AGENT") BROAD POWERS TO HANDLE YOUR PROPERTY, WHICH MAY INCLUDE POWERS TO PLEDGE, SELL OR OTHERWISE DISPOSE OF ANY REAL OR PERSONAL PROPERTY WITHOUT ADVANCE NOTICE TO YOU OR APPROVAL BY YOU.
Use the IDOR Power of Attorney submission link in the "Additional Services" panel on the lower portion of the MyTax Illinois home page. 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.
The document must be notarized. So you will need to have the notary present when you sign. Effective January 1, 2024, electronic signatures are permitted in certain power of attorney documents. A notary or witness can be "electronically present" to electronically sign.
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.