Updated on May 11th, 2023A Wisconsin limited power of attorney form permits a person, known as the “principal,” to grant someone else restricted access to finances and provide them with the authority to handle a specific task. The principal must first select who they would like to act in their presence, and then write in the document specifically what type(s) of powers the agent will…
Updated on May 10th, 2023A South Carolina limited power of attorney form is a legal document that lets a principal address specific and limited monetary powers that they wish to grant to an agent known as an “attorney-in-fact.” The document may not be configured as durable, meaning that it will cease to be effective if the principal becomes incapacitated. The form becomes void at the…
Updated on May 5th, 2023A Maryland durable power of attorney form enables individuals to authorize attorneys-in-fact to handle their finances and execute documents on their behalf. The type of contract remains valid if the person being represented becomes mentally incapacitated due to old age, illness, or injury. Therefore, appointing this type of agent ensures that the principal will have someone to take care of their…
Updated on May 10th, 2023A New Mexico tax power of attorney form (Form ACD-31102) establishes a legal relationship between the principal and the tax accountant they have hired to file their taxes. While a general or durable power of attorney can authorize an attorney-in-fact to complete all tax-related matters for them, this document will limit the agent’s powers to solely file the principal’s taxes, specifically…
Updated on May 5th, 2023An Indiana limited power of attorney form is used for the designation of an agent who is authorized to act on specific decisions for the principal. The decision(s) that are permitted may be for anything from paying bills to purchasing or selling a home to benefit of the principal. All proceeds (if any) must go to the principal. Laws Statute – Title 30,…
