Updated on May 21st, 2025A New Jersey durable (financial) power of attorney is a document that authorizes another person to handle a person’s financial matters. The authorized individual, or ‘attorney-in-fact,’ can be given control over all or a part of the principal’s personal and/or business finances. The principal should appoint someone who is reliable, possibly a relative or close friend, who will act in the…
Updated on May 10th, 2023A North Dakota general power of attorney form grants general financial powers to an attorney-in-fact in regard to a principal’s finances. This position is often reserved for a relative, close friend, or trusted associate as they will be dealing with important matters such as asset and property management, banking transactions, and business affairs. This power of attorney document is not durable…
Updated on May 21st, 2025A Mississippi medical power of attorney form is used to name a healthcare agent to represent an individual in the event that they are incapacitated due to illness, injury, or old age. Most individuals choose their spouse, a close friend, or a relative to be their agent. The selected representative should be available locally and be trusted to advocate the principal’s views…
Updated on May 5th, 2023A Michigan vehicle power of attorney form, or TR-128, is a document that authorizes a representative to handle the purchase or sale of an automobile, motorcycle, vessel, or mobile home on the principal’s behalf. The representative must oversee the transaction in the principal’s best interests. Furthermore, the vehicle or mobile home must be registered and/or located within the state. To complete…
Updated on May 5th, 2023A Minnesota durable power of attorney form allows individuals to designate representatives to make monetary decisions and perform transactions on their behalf. The contract is “durable” because it is not affected by any period of incapacity or incompetence of the principal. It is important to choose an agent that lives near the principal so that they will be able to perform…
