Massachusetts Durable Power of Attorney For Limited Purpose of Executing Division orders and Transfer orders
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How to fill out Durable Power Of Attorney For Limited Purpose Of Executing Division Orders And Transfer Orders?
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FAQ
What does power of attorney durable mean? A durable POA gives someone else legal authority to act on your behalf, and it continues in force even if you lose your mental capacity. Financial POAs give your agent financial powers that may include managing your assets, paying bills, and buying and selling real estate.
A completed, signed Form M-2848 may be submitted to a specific person you are working with at DOR (such as a collector or auditor). You may also upload the completed and signed form through MassTaxConnect or submit it by email to POADOR@dor.state.ma.us or via fax to 617-660-3995.
In the state of Massachusetts, a durable power of attorney must be granted to a legal adult (18 years of age or older) with the capacity to understand the responsibility. It must also be made in writing, signed, and notarized.
Notarizing or witnessing the power of attorney. A notary public or two individuals with no stake in the tax matter must witness a power of attorney unless it is granted to an attorney, certified public accountant, public accountant or enrolled agent.
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 notarized?a process that helps to authenticate the document.
Specific Requirement For An Effective And Valid Power Of Attorney. A power of attorney should be signed before a notary public and notarized.
Similar to a legal last will and testament, you do not need to have your power of attorney documents notarized for them to be legal. This applies to power of attorney documents in all provinces in Canada. However, there are a couple instances where you may want to include a notary.
A Massachusetts limited power of attorney form is a document that assigns power of attorney, or decision-making power, to a party known as an Agent for a limited time. That means it will supply specific instructions and tasks to the Agent who assumes this power.
