Updated on May 10th, 2023A South Dakota financial power of attorney form allows a principal to appoint an agent to run their financial affairs immediately and during the term of their incapacitation. The principal can terminate the document at any time while they are mentally capable by authorizing a revocation document. If the principal chooses their spouse as their agent, it should be noted that…
Updated on May 10th, 2023A Montana limited power of attorney form gives a third party the authority to act on behalf of the principal for a specific purpose and limited duration. The principal determines the scope of authority and the tasks which the agent will be able to carry out; this can be anything from handling business operations to closing on real estate transactions. A…
Updated on May 5th, 2023A Maine durable power of attorney form allows individuals to appoint a representative to deal with any and all of their financial matters in the event of their incapacitation. The agent must be capable of running or closing any businesses the principal owns, in addition to managing their investments. Durable powers of attorney either become active in the instance of the…
Updated on May 5th, 2023A Michigan durable power of attorney form allows an individual, known as the “principal,” to choose a representative to make any type of financial decisions and actions on their behalf. This type of contract either comes into effect immediately (and endures after the principal’s incapacitation) or only upon a physician declaring that the principal has become incapacitated. A secondary agent should…
Updated on April 12th, 2023An Alaska real estate power of attorney allows a landlord or property owner to elect someone else to manage, sell, buy, refinance, or execute any other real estate-related task. The document corresponds to the durable laws meaning that the term “real estate transactions” on the statutory form is defined and expanded in AS 13.26.665(7) to include deeds, assignments, mortgages, leases, and…
