A Mississippi durable power of attorney form authorizes an individual to run the principal’s monetary affairs if they become incapacitated and unable to do so for themselves. Ideally, the representative should be available locally and be able to deal face-to-face with banks, government agencies, creditors, and debtors on the principal’s behalf. An alternative or secondary agent should also be selected in case the first choice turns out to be unavailable when needed.
Unless otherwise expressed in the “Special Instructions” section of the form, the power of attorney is effective immediately. It should be mentioned that if the principal’s spouse is appointed as their agent, the contract is not automatically voided upon divorce.
Durable definition – § 87-3-105
Laws – Uniform Durable Power of Attorney Act (§ 87-3-101 to § 87-3-113)
Signing Requirements (§ 87-3-1) – Notary Public