This sample form, a Revocable Proxy document, is usable for corporate/business matters. The language is easily adaptable to fit your circumstances. You must confirm compliance with applicable law in your state. Available in Word format.
It's a good idea to let your proxy know they’ve been appointed. After all, communication is key, and it helps avoid any surprises down the road.
If you become incapacitated, your revocable proxy usually becomes void, meaning it won't work anymore. It's like a safety net that’s no longer needed once you can't make your own decisions.
While it’s not a hard and fast rule, having a lawyer can help to make sure everything's in tip-top shape. But you can also find templates and do it on your own if you feel confident.
You can appoint anyone you trust as your revocable proxy, be it a family member, a friend, or even a colleague. Just make sure it’s someone who has your back.
Absolutely! Just like flipping a light switch, you can change or cancel your revocable proxy whenever you need to without any fuss.
Having a revocable proxy is like having an extra pair of hands when you can't be there. It helps ensure that someone you trust can make decisions for you, whether it's for a board meeting or a shareholder vote.
A revocable proxy is a legal document that allows someone to act on your behalf, like a trusty sidekick, especially when it comes to votes or decision-making. It's called 'revocable' because you can change your mind and cancel it whenever you want.