This is a statutory form, that is, it is provided in the North Carolina General Statutes. By using this form, you can create a general, limited or durable Power of Attorney that gives an attorney-in-fact (agent) the authority to make decisions regarding property, financial, business, insurance and other matters. This Power of Attorney does NOT provide for health care services. If created as a durable power of attorney, it is required to be registered with the Register of Deeds office in order to be effective after the principal's disability.
Raleigh North Carolina Statutory Short Form of General Power of Attorney
Category:
State:
North Carolina
City:
Raleigh
Control #:
NC-P010
Format:
Word;
Rich Text
Instant download
Description
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How to fill out North Carolina Statutory Short Form Of General Power Of Attorney?
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FAQ
Another major change is that powers of attorney now must be acknowledged, no other witnesses are required except the notary ? whereas POAs executed before January 1, 2018 were sufficient with just witnesses, all POAs executed January 1, 2018 or later require a notary acknowledgement.
A. A power of attorney must always be signed in front of a notary public. If you wish, it can be recorded at the county register of deeds office in North Carolina where it is to be used.
A statutory form is a form created by a government, usually designed to serve as a model form or a free form for the public. The text of the form resides within the government's statutes. For example, many states have statutory durable powers of attorney forms written into their laws.
This power of attorney authorizes another person (your agent) to make decisions concerning your property for you (the principal). Your agent will be able to make decisions and act with respect to your property (including your money) whether or not you are able to act for yourself.
A power of attorney must be (i) signed by the principal or in the principal's conscious presence by another individual directed by the principal to sign the principal's name on the power of attorney and (ii) acknowledged.
A statutory form is a form created by a government, usually designed to serve as a model form or a free form for the public. The text of the form resides within the government's statutes. For example, many states have statutory durable powers of attorney forms written into their laws.
Generally, there are no formalities for POAs and they may be given orally or in writing. However, if the act which the Principal requires the Agent to perform has certain prescribed formalities, then the POA will need to comply with the same formalities.
AgeLab outlines very well the four types of power of attorney, each with its unique purpose: General Power of Attorney.Durable Power of Attorney.Special or Limited Power of Attorney.Springing Durable Power of Attorney.