Durable Power Of Attorney Template Georgia

A power of attorney poa is a legal document that gives a person a financial institution a trust or a business the agent the legal power to act in place of another person the principal.
Durable power of attorney template georgia. This power of attorney shall be durable unless you state otherwise in the. The durable nature of the form implies that the selected agent will be able to continue making decisions and generally managing the principal s finances beyond the principal s loss of decisional capacity. Georgia statutory financial power of attorney instructions and form introduction the general assembly enacted the uniform power of attorney act during the 2017 legislative session. 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.
Georgia general durable power of attorney the powers granted below are effective even if i become disabled or incompetent i of appoint of as my agent attorney in fact to act for me in any lawful way with respect to the following initialed subjects. Georgia powers of attorney. A power of attorney created under this chapter shall be durable unless it expressly provides. Such a form is used when a person wants to make sure his or her obligations will be met even when absent or incapacitated.
County of statutory form power of attorney. This type remains in effect through incapacity. Adobe pdf ms word docx opendocument signing requirements ga code 10 6b 5. Durable power of attorney this form is used when the principal anticipates that his or her physical or mental health may deteriorate to the point that someone needs to be available to administer his or her affairs.
The georgia durable power of attorney form is a document that provides the creator with the ability to choose a person to handle their finances. Georgia durable power of attorney form will supply the legal paperwork required to delegate a principal s legal authority in his or her affairs to another person. A real and tangible personal property transactions. The recipient of this authority is often referred to as an agent.
Title 10 chapter 6 of 2010 georgia code has a provision to appoint an agent to carry out financial transactions for you by executing georgia general durable power of attorney. Initial on the lines applicable. Depending on your circumstance you may need one or more of the following types of power of attorney documents valid in georgia. The georgia durable power of attorney form is a document that provides the creator with the ability to choose a person to handle their finances.
You as signing principal undertake that the term durable in the title of this power of attorney implies that this legal instrument remains in force. Within this act is a revised form for a power of attorney.