Maine Agreement that Contract Contingent on Attorney Approval

State:
Multi-State
Control #:
US-02845BG
Format:
Word; 
Rich Text
Instant download

Description

Agreement that Contract Contingent on Attorney Approval

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FAQ

A Maine durable power of attorney form allows individuals to appoint a representative to deal with any and all of their financial matters in the event of their incapacitation. The agent must be capable of running or closing any businesses the principal owns, in addition to managing their investments.

No, in Maine, you do not need to notarize your will to make it legal. However, Maine allows you to make your will "self-proving" and you'll need to go to a notary if you want to do that. A self-proving will speeds up probate because the court can accept the will without contacting the witnesses who signed it.

A Maine revocation power of attorney should be issued when someone wishes to cancel a previous appointment of principal power, whether it be a durable power of attorney, health care power of attorney, or limited power of attorney. It is necessary to have it notarized and inform the agent it has been revoked.

As mentioned above, in Maine, you should also have the POA notarized.

Attorney approval clauses are most widely used in the purchase of a property and real estate. The attorney will review the local development plans, economic conditions and the state of the property as described in a surveyors report.

A power of attorney under this Part is not valid unless it is acknowledged before a notary public or other individual authorized by law to take acknowledgments.

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Maine Agreement that Contract Contingent on Attorney Approval