Indiana Special Power of Attorney

State:
Indiana
Control #:
IN-B-4011B
Format:
PDF
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Description

Special Power of Attorney

Indiana Special Power of Attorney is a legal document used to grant an individual or entity (the “agent”) the authority to act on behalf of another person (the “principal”). This document is executed in accordance with Indiana law. The document may be used to grant the agent the power to undertake a wide variety of actions, from making financial decisions to creating legal documents. There are two types of Indiana Special Power of Attorney: General Power of Attorney and Limited Power of Attorney. General Power of Attorney grants the agent broad authority to act on behalf of the principal, while Limited Power of Attorney grants the agent more limited authority, such as the power to handle a specific transaction or activity.

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FAQ

Please note that Indiana law has very specific requirements for a Power of Attorney to be valid. The member's signature must be witnessed and attested to by a Notary Public. The Notary Public must also sign the document along with their printed name and the notarial seal.

A ?durable? POA is simply a power of attorney that survives the incapacity of the Principal. While a Durable General Power of Attorney grants your Agent a considerable amount of legal authority to act on your behalf, it does not grant your Agent the authority to make medical or health care decisions on your behalf.

Steps for Making a Financial Power of Attorney in Indiana Create the POA Using Software or an Attorney.Sign the POA in the Presence of a Notary Public.Store the Original POA in a Safe Place.Give a Copy to Your Agent or Attorney-in-Fact.File a Copy With the Recorder's Office.

How to Set Up Power of Attorney for an Elderly Parent Decide on which type of POA you need. Determine who will serve as an agent. Get a power of attorney form. Complete the form and sign it in front of a witness. Create copies of the POA form. Store the POA form in a safe place. Update the POA as necessary.

Sec. 3. (a) Except as provided in subsection (b), an attorney in fact may act under a power of attorney without recording the power of attorney with the county recorder.

Please note that Indiana law has very specific requirements for a Power of Attorney to be valid. The member's signature must be witnessed and attested to by a Notary Public. The Notary Public must also sign the document along with their printed name and the notarial seal.

Under Indiana durable power of attorney laws, the named individual (or "attorney-in-fact") is granted the ability to make decisions related to care, treatment, and whether to continue life support.

Steps for Making a Financial Power of Attorney in Indiana Create the POA Using Software or an Attorney.Sign the POA in the Presence of a Notary Public.Store the Original POA in a Safe Place.Give a Copy to Your Agent or Attorney-in-Fact.File a Copy With the Recorder's Office.

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Indiana Special Power of Attorney