Updated on May 4th, 2023An Arkansas durable statutory power of attorney form allows for a person to let someone else take care of all their financial responsibilities. A “durable” functionality allows a person to still be able to make monetary transactions even if the principal falls into a state of mental incapacity. A durable power of attorney document must be authorized by at least two…
Updated on May 5th, 2023A Maryland motor vehicle power of attorney, otherwise known as “Form VR-470,” lets the owner of a vehicle choose an agent to register, sell, or obtain a certificate of title on their behalf. The agent has a fiduciary duty to act in the best interests of the principal. The form must be signed by the owner and may be used in…
Updated on May 10th, 2023A South Carolina general power of attorney form allows for the financial representation of a resident without the effect of durability, meaning the form terminates upon the principal’s incapacitation. The form is common among business partners seeking to act on one another’s behalf when either party is out of the area and would like someone else to sign important documents on…
Updated on May 4th, 2023A Hawaii motor vehicle power of attorney form enables a Hawaii resident to appoint an attorney-in-fact to handle the transfer of a title, obtaining of registration or any other action that can be carried out at the driver’s license office. The power becomes null and void once the actions for which it was assigned are completed. The agent selected is obligated…
Updated on May 11th, 2023A Virginia durable power of attorney form, otherwise known as a financial power of attorney form, enables a principal to choose a representative who will have the authority to manage their finances. The person selected, referred to as the “agent,” should be a trusting individual that the principal can rely on to handle their business affairs, investments, and personal assets while…
