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It must be in writing, signed and should be notarized, and, at the time of the change, the principal must understand that s/he is appointing an agent to handle his or her affairs.
Springing Power of Attorney: A springing POA only becomes active under specific conditions, typically when the principal becomes incapacitated. If the principal is involved in an accident and becomes unconscious, for instance, a springing POA would spring into action, empowering the agent to make necessary decisions.
We recommend having a durable power of attorney for health care (aka an Advance Health Care Directive), a durable financial power of attorney, and a revocable living trust to ensure optimal management of your health as well as your assets. If you are not sure what you need, try taking our estate planning quiz.
Utah Powers of attorney requirements There are four requirements to issuing a power of attorney: (1) You must be able to understand what you are doing and your authorization must be (2) in writing and (3) notarized.
In Utah, estate planning includes two types of POAs, a financial POA and a health care POA. Examples of tasks a person granted an economic power of attorney can do for you include: Filing your taxes. Selling your home.
No, in Utah, you do not need to notarize your will to make it legal. However, Utah 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 guardian can delegate authority over a protected person in the same way. A Power of Attorney appoints a person, called the "attorney-in-fact," to make decisions for the minor, but it does not create a guardianship.
75-9-301. Statutory form power of attorney. A document substantially in the following form may be used to create a statutory form power of attorney that has the meaning and effect prescribed by this chapter.