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 11th, 2023A Vermont minor child power of attorney form, in combination with a Petition to Appoint Custodial Guardianship for a Minor, enables another adult to act as a child’s custodial guardian. Custodial guardians are ordered by a court to take personal care of a child until they are old enough to care for themselves or until the biological parents or previous legal…
Updated on May 4th, 2023A Florida durable power of attorney form is used by a principal seeking to choose an agent to handle financial transactions on their behalf. This is common for senior citizens that elect family members to handle their banking, taxes, and real estate. The term “durable” refers to the document remaining valid if the principal should become incapacitated. Laws “Durable” Definition (§ 709.2102)…
Updated on May 4th, 2023A Florida general power of attorney form allows an agent to act in another person’s best interest with regard to any financial matter. The general form does not remain valid if the principal loses decisional capacity; at such a point, the document would become void. For this reason, this document is popular with business partners and attorneys, where as long as…
Updated on May 5th, 2023A Kentucky real estate power of attorney authorizes an individual to act on another’s behalf and handle responsibilities related to the management of real estate. The chosen delegate may perform their duties with the same authority as the principal (property owner or buyer). Such duties might include paying bills, managing leases, administering repairs, listing the property for sale, submitting offers to purchase,…
