Updated on May 5th, 2023An Illinois general power of attorney is a document that transfers authority to an agent to act on behalf of the principal so long as the principal can make decisions for themselves. The financial powers granted are broad and sweeping, as they allow the representative to make serious decisions for the principal and sign on their behalf. The document can be…
Updated on April 12th, 2023An Arizona general power of attorney form allows a person in Arizona to elect an individual to handle all financial decisions on their behalf. All decisions made by the chosen representative must be in the best interest of the assignor. The form becomes invalid in such a case where the principal loses decisional capacity or becomes incapacitated in any other manner….
Updated on May 5th, 2023An Iowa general power of attorney form allows residents to elect an individual to represent their financial interests. The representative may take any type of decision as long as it is in the best interest of the principal. Under this contract, the attorney-in-fact can execute legal instruments on the principal’s behalf, view their confidential financial information, and manage their finances. Unlike…
Updated on May 5th, 2023A Maryland minor power of attorney is a document that authorizes a temporary guardianship arrangement between the parent(s) of a child and an appointed guardian (attorney-in-fact). Once this form is executed, the appointed guardian will have the same powers as a parent would in regard to the child’s education, healthcare, and other important matters that a child cannot be left to…
Updated on May 10th, 2023An Ohio general power of attorney is a legal document that allows a person (principal) to appoint an attorney-in-fact to manage their financial affairs. The attorney-in-fact does not have to be an attorney; in fact, a principal usually chooses someone close to them to represent their best interests. The powers created under the general POA can be broad in nature or…
