While you make your estate plan, the most important things that you have to create is the durable power of attorney. It will help you choose an agent who will take decisions on behalf of you when you are not able to do it because you become legally incompetent or incapacitated. All your health care and financial decisions will be taken by the agent whom you will hand over the durable power of attorney. Here is a collection of some Sample Forms to help you out.
General Durable Power of Attorney Form
This is a general durable power of attorney form that can be used for giving the rights to the person designated in this attorney form. It has different clauses that are required generally for preparing the durable power of attorney form.
Sample Durable Power of Attorney Form
This durable power of attorney form contains clauses about how the collection will be made, what will be the payment powers, what will be banking rules and so on.
Statutory Durable Power of Attorney Form
This is a comprehensive statutory durable power of attorney that states the different powers of the designated person. You can find different clauses related to all financial transactions like banking transactions, stock bonds, etc.
Durable Power of Attorney Form For Health Care
This is a durable power of attorney for health care that will assign powers to a person to take care of your health once you are incapacitated.
Durable Power of Attorney Form for Finances
This durable power of attorney form for finances is an important legal document that will help you design a form that will give permission to a third person for managing your finances in your absence.
Durable Power of Attorney Form Sample
Medical Durable Power of Attorney Form
Durable Power of Attorney Registration Form
Sample Durable Power of Attorney Form
What is Durable Power of Attorney?
Durable Power of Attorney Form is an important legal document that will allow you handle the health-related and financial issues of another person on their behalf legally. The decisions taken must be for the benefit of the person who is represented through this legal document. If the person represented hands over the rights to you through this form, you will be able to take decision financial and health-related issues that will be beneficial for them.
How does a Durable Power of Attorney Work?
A durable power of attorney gives right to another person to take decisions on your behalf. It is operational even when you become incompetent or when you are not able to take decisions due to health issues. If required, you can make more than one powers of attorney depending on the rights that you bestow through them. Like, if you give your accountant brother the right to handle your financial matters, you can give your daughter the rights to take decisions about your health.
There is no doubt that through this durable power of attorney form, a huge responsibility is handed over to the other person. Hence, it is important that it is drafted carefully. You must have found the samples mentioned here useful. Moreover, with properly drafted Blank Power of Attorney Forms, the whole thing becomes simple.
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