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Durable Power of Attorney Statutes Without a living will, a durable power of attorney can appoint a named person (sometimes called an ?agent? or a ?proxy?) to make health care decisions for a debilitated patient. New Mexico's durable power of attorney statutes are highlighted below.
The POA must be signed in the presence of a notary public to be valid. New Mexico law does not require a POA to be witnessed, but witnesses may strengthen the validity of the document if it is challenged.
General power applies to an indefinite number of legal acts and it does not expire unless it is revoked, it includes a specific expiry date or one of the parties perishes.
A New Mexico limited power of attorney form is a document that allows you to appoint an agent to represent you for a specific transaction or during a limited time period. This might be useful in situations where you have a pending real estate closing and are going to be away and unable to sign the requisite documents.
A New Mexico minor child power of attorney enables one or more parents to authorize temporary guardianship over their minor child or children. An example of appropriate use would be if a single parent were to leave on a business trip or for military deployment for an extended period of time.
The POA must be signed in the presence of a notary public to be valid. New Mexico law does not require a POA to be witnessed, but witnesses may strengthen the validity of the document if it is challenged.
A Power of Attorney (PoA) can be revoked while the principal is mentally sound. If the principal passes away, it is automatically canceled. To revoke a PoA, the principal must provide written notice to the agent, sign the document in the presence of a notary public, and deliver it to the agent.
The appointed individual shall observe the interests of the principal and will complete the task or tasks with which he was entrusted. A power of attorney in Mexico is drafted in Spanish and the parties involved appear before the notary public.