New Mexico Durable Special Power of Attorney Granting Agent the Right to Execute Oil and Gas Leases, Attendant instruments, and Deal with Oil and Gas Properties
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How to fill out Durable Special Power Of Attorney Granting Agent The Right To Execute Oil And Gas Leases, Attendant Instruments, And Deal With Oil And Gas Properties?
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FAQ
A living will is only valid if you are unable to communicate your wishes. A health care power of attorney gives someone else (the proxy) the ability to make decisions for you regarding your health care. Unlike a living will, it applies to both end-of-life treatment as well as other areas of medical care.
A medical or health care power of attorney is a type of advance directive in which you name a person to make decisions for you when you are unable to do so. In some states this directive may also be called a durable power of attorney for health care or a health care proxy.
What are some of the provisions that are normally found in an oil and gas lease? An oil and gas lease will normally contain the following types of provisions: a granting clause, description clause, term clause, royalty clause, pooling clause, surface-use clauses, and various miscellaneous clauses.
How to Write 1 ? Download The Official Paperwork Required. ... 2 ? Detail The Power Category Of The Power Being Revoked. ... 3 ? The Principal Issuing This Revocation Must Be Identified. ... 4 ? Positively Identify The Concerned Power Document. ... 5 ? Supply The Identity Of The Individuals Whose Power(s) Must Be Revoked.
A Durable Power of Attorney for Health Care is a document that lets you name someone else to make decisions about your health care in case you are not able to make those decisions yourself. It gives that person (called your agent) instructions about the kinds of medical treatment you want.
The specific requirements vary by state; however, in New Mexico, your Power of Attorney must be notarized. If your agent will engage in real estate transactions, the Power of Attorney will need to be notarized and recorded or filed with your county.
It's possible a person has already designated their wishes in a living will, and if so, those will generally be honored. 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 recognizes four types of power of attorney: General, Limited, Durable and Springing. Our Albuquerque estate planning attorneys will help you better understand the purpose of each: General: A general power of attorney gives your agent all the powers you yourself have.