Updated on May 5th, 2023An Illinois durable power of attorney form enables the principal, or the individual creating the form, to assign an agent to oversee their finances and make decisions on their behalf. Because the form is durable, the agent will be able to operate even when the principal is unable to make decisions for herself (as determined by a licensed physician). Due to…
Updated on May 5th, 2023A Kansas general power of attorney form is a contract that authorizes a third party (called an “attorney-in-fact”) to handle any and all financial decisions on behalf of the principal. The agent selected has a fiduciary duty to act in the principal’s best interests and may not compensate themselves. If the principal cannot make decisions and think for themselves, the contract…
Updated on May 10th, 2023A Nevada durable power of attorney form is created for the purpose of appointing an individual to represent someone in their everyday financial and business affairs. Once this document is executed, the appointed attorney-in-fact will maintain control over the principal’s financial affairs even if the principal becomes incapacitated. Having a durable POA in place will provide a sense of security for…
Updated on May 5th, 2023An Iowa real estate power of attorney allows an individual to nominate a representative who may act in their place and make decisions on their behalf. Unlike a general power of attorney, this document only assigns powers relating to real estate transactions such as purchasing, selling, or leasing property. The document will be valid once signed by the principal (person making the…
Updated on May 10th, 2023A Pennsylvania durable power of attorney is a long-term arrangement between the principal (individual implementing the form) and an attorney-in-fact (appointed representative). This type of power of attorney form is used to transfer financial authority from the principal to the attorney-in-fact. It is durable because the form does not terminate when the principal becomes incapacitated, unlike some other powers of attorney….
