A Washington limited power of attorney form is used to select a representative to execute a specific financial act on behalf of the principal (individual creating the power of attorney). The financial powers selected may be anything legally permitted under state law such as real estate transactions, managing bank accounts, operating a business, receiving mail, and paying bills. Upon the completion of the specified responsibilities, the representative’s authority will be void and the document terminated. It is important to note that the form does not remain valid upon the incapacitation of the principal.
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