Massachusetts General Power of Attorney for All Purposes

State:
Multi-State
Control #:
US-04099BG-3
Format:
Word; 
Rich Text
Instant download

Description

Agency is a relationship based on an agreement authorizing one person, the agent, to act for another, the principal. For example an agent may negotiate and make contracts with third persons on behalf of the principal. Actions of an agent can obligate the principal to third persons. Actions of an agent may also give a principal rights against third persons.
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How to fill out General Power Of Attorney For All Purposes?

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FAQ

There are no requirements in Massachusetts for the form to be notarized by an officially-appointed notary public, and there also are no requirements that the form be signed by the agent or individual who is being appointed as attorney-in-fact for the purposes of the power of attorney.

While Massachusetts law does not technically require a POA to be notarized, signing your POA in the presence of a notary public is very strongly recommended. Many financial institutions will not want to rely on a POA unless it has been notarizeda process that helps to authenticate the document.

Difference Between General And Special Power Of Attorney A General power of Attorney is very much different from a Special power of Attorney. The GPA always confers a general power of performing while the Special power of Attorney confers only a specific power to perform any particular act or task.

To summarise, the law holds that a power of attorney is not an instrument of transfer in regard to any right, title or interest in an immovable property but any genuine transaction carried out through General Power of Attorney is considered valid under the law.

The fees associated with finding and working with your average attorney to generate a Power of Attorney might total between two hundred and five hundred dollars, depending on your location.

How to Get Power of Attorney in MassachusettsThe POA document must list the: name, SSN, and address of the principal. name and full contact information of the agent(s) date of the agreement.Witness Requirements: The POA document must be signed by the principal and either a notary public or two disinterested witnesses.

South African common law determines that a power of attorney terminates once the principal becomes mentally incapacitated. In other words, when a principal is no longer able to perform the act in question himself, the agent can no longer do it for him.

Do I have to have witnesses to my Durable Power of Attorney? Not to have it be legal in Massachusetts. But if you may travel out of state, or have concerns that someone may challenge the document, it's a good idea.

It is valid for the lifetime of the principal or the one who is awarding the GPA. It can also be revoked within the lifetime of the owner.

A general power of attorney allows the agent to act on behalf of the principal in any matters, as allowed by state laws. The agent under such an agreement may be authorized to handle bank accounts, sign checks, sell property, manage assets, and file taxes for the principal.

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Massachusetts General Power of Attorney for All Purposes