This General Durable Power of Attorney is a general, durable power of attorney which is effective IMMEDIATELY. You can use this form to appoint an attorney-in-fact (agent) to make decisions regarding property, financial, management, banking, business and other matters for you. The powers granted to an Agent in this Power of Attorney are very broad, but do NOT provide for health care services. This form complies with all applicable state statutory laws.
Tucson Arizona General Durable Power of Attorney for Property and Finances or Financial Effective Immediately
Category:
State:
Arizona
City:
Tucson
Control #:
AZ-P003A
Format:
Word;
Rich Text
Instant download
Description
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FAQ
Does a Power of Attorney have to be recorded? It does not have to be recorded immediately after you sign it. If your Agent has to handle a real estate transaction for you, the Power of Attorney will need to be recorded at the time of the transaction.
1, 2011, it is a good idea to have a lawyer or notary look at the document to make sure your attorney retains the powers required to carry out your wishes. B.C.'s legislation allows you to create a power of attorney with very specific duties, powers, limits on authority, accounting obligations, etc.
Arizona law requires that you sign your POA in the presence of a notary public.
The Power of Attorney does not need to be filed with the Court. Each person who is made your Agent should keep the original of his or her Power of Attorney form in a convenient place so that it can be located easily when needed.
State of Rajasthan 9 High Court held that a general power-of-attorney holder can appear, plead and act on behalf of the party but he cannot become a witness on behalf of the party. He can only appear in his own capacity.
A general power of attorney allows the agent to make a wide range of decisions. This is your best option if you want to maximize the person's freedom to handle your assets and manage your care. A limited power of attorney restricts the agent's power to particular assets.
An Arizona durable (financial) power of attorney is a document that allows a person (the principal) to forward their decision-making power to another person (the agent) regarding financial matters.
In Arizona, powers of attorney do not have an automatic expiration date after five, ten, or twenty years. Unless you choose to put one in the document, they will last for the remainder of your life. Your agent only ceases to have signing power when you die.
Do I need a lawyer to prepare a Power of Attorney? There is no legal requirement that a Power of Attorney be prepared or reviewed by a lawyer. However, if you are going to give important powers to an agent, it is wise to get individual legal advice before signing a complicated form.
How to Get or Obtain Power of Attorney in AZ Obtain the POA Packet. Take witness, original special power of attorney form and Photo ID to a Notary Public. You and the witness sign the Power of Attorney in front of a Notary. Make copies of the Power of Attorney for documentation.