Durable Power of Attorney Arkansas Form – Fillable PDF
License / Price: Free
Version: Adobe PDF (.pdf)
File size: 20 Kb
Use this Form To: Allow a family member or friend to take care of all financial responsibility on your behalf.
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Loading...The most popular type of power of attorney in Arkansas. The durable statutory form allows for a person to let someone else take care of all financial related responsibilities. The “durable” functionality allows a person to still be able to make monetary transactions even if the principal should become in a state of mental incapacity. The document must be authorized with at least two (2) witnesses although it is highly recommended that it be done with a notary public.
The form may only be cancelled if;
- A new durable power of attorney document is created
- A revocation form is authorized
- Death of the principal – All assets will be immediately transferred to the estate and the document will become void
