Limited Power of Attorney Forms By State
What is Limited Power of Attorney?
Allows a person to designate someone else to take care of specific financial activities on his or her behalf. The action may be as small as picking up mail to as dynamic as selling real estate to the benefit of the person being represented. The form may be voided at a particular time or at the time the action is complete.
How to Get Limited Power of Attorney?
Step 1 - Download.
Step 2 - Fill it in with the Attorney in Fact (representative) present to make sure you are both in agreement to the terms and conditions.
Step 3 - Authorize the document in front of a Notary Public. You can usually find one at every branch bank in the United States or you can go to 123notary.com and find a qualified person in your area.
The form may only be cancelled if the Principal signs a new power of attorney document or authorizes a cancellation (revocation).
Sample Limited Power of Attorney
I, _______________________ of ______________ (City), _________________ (State), appoint _____________________ of ______________(City), _______________ (State), as my attorney-in-fact to act on my behalf for the purpose(s) of:
This power of attorney starts to be effective on ______________, and shall continue until
_______________. I grant my attorney-in-fact full authority to act in any reasonable and necessary manner for the purpose of exercising the above powers. I ratify all lawfully performed acts by my attorney-in-fact in exercising those powers. I agree that any third party who is given a copy of this power of attorney may act relying on it. I agree that revocation of this power of attorney is effective as to a third party only upon receipt of
actual notice by the third party. If because of reliance on this power of attorney, a third party suffers any loss; I agree to indemnify the third party for the loss.
Signed this _______ day of _______________________, _________.
State of ________________________
Signature of ______________________, Principal
By accepting this appointment and acting under it, the attorney-in-fact (agent) assumes the legal responsibilities of an agent.
Signature of _______________________, Attorney-in-Fact
Witness the following signature and seal, this _day of ,20 _.
Signature of Principal:
Signature of Appointee:
NOTARY PUBLIC WITNESS
STATE OF: ____________________________ CITY OF , I, the undersigned, a Notary Public in and for the City and State aforesaid, do certify that _________________________ whose name is signed to the foregoing Limited Power of Attorney, bearing date of this day of , 20 , has acknowledged the same before me in my City and State aforesaid. Given under my hand this day of , 20 .
MY COMMISSION EXPIRES: