Updated on May 5th, 2023A Minnesota real estate power of attorney form is a legal tool used to designate authority to an individual for the management of real estate transactions. The party accepting authority (the agent) will have permission from the property owner (the principal) to perform specific tasks relating to their real estate. Depending on the principal’s needs, the agent may be asked to execute…
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 5th, 2023A Michigan revocation of power of attorney form is used to cancel an existing power of attorney form that was created in the state. Once completed, the form must be sent to the agent(s) representing the principal’s interests and to all relevant private and public entities to ensure that they are made aware that the original power of attorney has been…
Updated on May 10th, 2023A New Mexico durable (financial) power of attorney form is used to appoint a trusted person as one’s attorney-in-fact (agent or representative) in regard to financial decisions. An agent should be selected based not only on their ability to effectively manage the principal’s finances but also because of their close relationship with the principal. Since this agent will be in charge of…
Updated on May 10th, 2023A Utah durable power of attorney form allows a principal to name an attorney-in-fact to manage their financial affairs if they can no longer make decisions for themselves, whether it’s temporarily or permanently. While this individual needn’t be a lawyer, he or she must be someone the principal trusts and is willing and able to do anything from paying the gas…
