Limited Power of Attorney (with do it yourself options)

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Contains various options so the form can be tailored for your specific needs. Designate an agent who will act on your behalf, decide what powers are given to that agent and if the document is effective immediately or upon disability.

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Limited Power of Attorney Form (with "Do it yourself" options) - This Document allows a person individual (called the "Principal" or "Grantor") to authorize someone else (called the "Attorney-in fact" or "Agent") to act on his or her behalf. This document becomes effective immediately. The document author/grantor can decide whether it should be a durable or non-durable Power of Attorney. Various optional pre written paragraphs are included in the forms package and the form can be customized to fit your needs.

You will need to use a word-processor or other text editing software to edit and use this form and you need to be able to copy, cut and paste text in the document. This form is not available in PDF format.

Other types of Power of Attorney form packages are available at findlegalforms.com as well, including pre- written ones that do not need any modifications and can be used as-is.

This form can be used in your state.

This package contains (1) Instructions & Checklist for Limited Power of Attorney(with optional paragraphs); (2)Information for Limited Power of Attorney;(3) Limited Power of Attorney.
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.












Limited Power of Attorney
(With “Do It Yourself” Options)







This Packet Includes:
1. General Instructions & Checklist
2. Information
3. Limited Power of Attorney
    (With “Do It Yourself” Options)






General Instructions & Checklist
Limited Power of Attorney
(With “Do It Yourself” Options)


   You will need to use a word-processor or other text editing software to edit and use this form and you need to be able to copy, cut and paste text in the document.

   This form is “customizable” to fit your needs. It allows you to select and add optional paragraphs granting different powers to the Agent from a list of pre-written paragraphs. You can also pick whether the Power of Attorney should be durable or non-durable.

   The optional (pre-written) paragraphs should be inserted in the section marked  Insert Optional Paragraphs Here ”. The optional pre-written paragraphs can be found at the end of the document in the section titled “Optional Paragraphs”. Using your word-processor, copy, cut and paste the appropriate paragraphs into the section under  Insert Optional Paragraphs Here ”. Be sure to delete the inappropriate/non-necessary optional paragraphs from the end of the document including the unused “Optional Paragraphs” section and the Insert Optional Paragraphs Here placeholder.

   The form allows you to select whether it should be a Durable Power of Attorney (i.e. a Power of Attorney that remains in effect even after disability or incapacity of the Grantor) or a non-durable Power of Attorney (i.e. the Power of Attorney terminates with death, incapacity or disability of the Principal). Under the section marked by [Select Option A or Option B] select [Option A - Durable] for a Durable Power of Attorney or [Option B  Non-Durable] for a non-durable Power of Attorney form. Delete any instructions, placeholders and the option you did not select.

   This Limited Power of Attorney becomes effective immediately.  



   The Principal (i.e. the person granting the Power of Attorney; sometimes called the Grantor) should sign the document before a Notary. Notarization will allow the Limited Power of Attorney to be recorded as a public record, if necessary.



   Although not always required, it is always a good idea to also have two witnesses sign the Power of Attorney. Two witnesses are necessary if the Agent will be dealing with any real estate in Florida. The witnesses should be adults. Generally, anyone related by blood or marriage to the Principal, the Agent or the Notary should not be a witness.



   The Principal should keep the original document, as well as a copy. The Agent should have access to the original document as needed.

   The Principal should be careful in instructing the Agent (or attorney-in-fact) as to the tasks the Agent should complete. The Grantor should also be very careful in the selection of the Agent. The powers granted by this document can be very broad.

   You should be very careful when using this form since it contains several optional paragraphs that may or may not be appropriate for your situation and facts. Deleting the wrong paragraph or inserting an inappropriate paragraph could also invalidate the document. Be sure you know what you are doing.

   These forms are not intended and are not a substitute for legal advice. These forms should only be a starting point for you and should not be used without consulting with an attorney first. An Attorney should be consulted before negotiating any document with another party.

The purchase and use of these forms is subject to the Disclaimers and Terms of Use found at findlegalforms.com







Information
Limited Power of Attorney
(With “Do It Yourself” Options)


A Limited Power of Attorney allows a natural “mentally” competent person (called the “Principal” or “Grantor”) to authorize someone else (called the “Agent” or “Attorney-In-Fact”) to act on his or her behalf.

This “Do it yourself” Power of Attorney Form can be customized to fit your needs and becomes effective immediately. The form allows the author of the document to select and add optional paragraphs granting different powers to the Agent. Several pre-written paragraphs are provided in the forms package to select from. The Author/Grantor can also pick whether to make it a Durable Power of Attorney (i.e. a Power of Attorney that remains in effect even after disability or incapacity of the Grantor) or a non-durable Power of Attorney (i.e. the Power of Attorney terminates with death, incapacity or disability of the Principal). To customize the form, you will need to use your word-processor or other text editing software. You will also need to know how to copy, cut and paste text in the document.  This form is not available in PDF format.

Note that the word "attorney" is not used here to mean "lawyer".  The person acting as the Attorney-In-Fact for the Principal does not need to be a lawyer. Almost anyone can be appointed an Attorney-In-Fact by a power of attorney. The Agent should be a competent adult. A Power of Attorney is a “powerful” instrument and should be granted with care. Any action undertaken by the Agent, within the scope of the Power of Attorney document, will be legally binding upon the Grantor.  The Grantor can revoke a Limited Power of Attorney at any time.



The Limited Power of Attorney should always be notarized, even if your state does not require it, especially if the Agent will be dealing with any real property. Notarization will make it more difficult for any third party to challenge the validity of the Power of Attorney and will allow the Limited Power of Attorney to be recorded as a public record, if necessary.

Although, some states dont require that a Limited Power of Attorney be witnessed, it is always a very good idea to do so.

Other types of Power of Attorney form packages are available at findlegalforms.com as well, including pre-written ones that do not need any modifications and can be used as-is.



Anyone preparing and/or using this form should know what he or she is doing and should be very careful.

Please note that this information is not intended as and is not a substitute for legal advice. Furthermore, this information is general information that is not state specific. Whenever appropriate, the instructions included with the forms packages offered for sale, generally include state specific instructions.





CAUTION!


PRINCIPAL: The Powers granted by this power of attorney document can be broad and sweeping. Before signing this document, consider its consequences. You (“principal”) are providing another person (“agent”) with the power to handle business, legal and other matters on your behalf, possibly including the power to sell, mortgage or dispose of your property.  Any such action undertaken by your agent, within the scope of this power of attorney document, is legally binding upon you.  If you have any questions about these powers, obtain competent legal advice. This document does not authorize anyone to make medical and other health-care decisions for you. You may revoke this power of attorney if you later wish to do so.

AGENT: By accepting or acting under the appointment, the agent assumes the fiduciary and other legal responsibilities of an agent.






DISCLAIMER:

FindLegalForms, Inc. (“FLF”) is not a law firm and does not provide legal advice.  The use of these materials is not a substitute for legal advice. Only an attorney can provide legal advice.  An attorney should be consulted for all serious legal matters.  No Attorney-Client relationship is created by use of these materials.  

THESE MATERIALS ARE PROVIDED “AS-IS.  FLF DOES NOT GIVE ANY EXPRESS OR IMPLIED WARRANTIES OF MERCHANTABILITY, SUITABILITY OR COMPLETENESS FOR ANY OF THE MATERIALS FOR YOUR PARTICULAR NEEDS.  THE MATERIALS ARE USED AT YOUR OWN RISK.  IN NO EVENT WILL:  I) FLF, ITS AGENTS, PARTNERS, OR AFFILIATES; OR II) THE PROVIDERS, AUTHORS OR PUBLISHERS OF ITS MATERIALS, BE RESPONSIBLE OR LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, EXEMPLARY, OR CONSEQUENTIAL DAMAGES (INCLUDING, BUT NOT LIMITED TO, PROCUREMENT OF SUBSTITUTE GOODS OR SERVICES; LOSS OF USE, DATE OR PROFITS; OR BUSINESS INTERRUPTION) HOWEVER USED AND ON ANY THEORY OF LIABILITY, WHETHER IN CONTRACT, STRICT LIABILITY, OR TORT (INCLUDING NEGLIGENCE OR OTHERWISE) ARISING IN ANY WAY OUT OF THE USE OF THESE MATERIALS. 








LIMITED POWER OF ATTORNEY


KNOW ALL PERSONS BY THESE PRESENTS:

I, ____________________________________ (“Principal”) maintaining an address at _______________________________________________ do hereby make and appoint ________________________________________ (“Agent”) maintaining an address at: _____________________________________________________ my true and lawful attorney-in-fact for me and in my name, and in my behalf.  

My Agent shall have full power and authority to perform the following in my place and stead:

 Insert Optional Paragraphs Here 


[Select Option A or Option B]

Option A  Durable
This Power of Attorney and the rights, powers, and authority of my Agent shall be a Durable Power of Attorney. This Durable Power of Attorney and the rights, powers, and authority of my Agent shall become effective immediately upon execution of this instrument. The rights, powers, and authority of this document shall remain in full force and effect thereafter until my death.  This Power of Attorney shall not terminate on my subsequent disability, incapacity or lack of mental competence (except as provided by any applicable statute).

Option B  Non-Durable
This power of attorney is non-durable. This Limited Power of Attorney and the rights, powers, and authority of my Agent shall become effective immediately upon execution of this instrument. The rights, powers, and authority of this document shall remain in full force and effect thereafter until my death or until my disability or incapacity.  


As used herein, "disability" or "incapacity" shall mean a lack of capacity to receive and evaluate information effectively, to communicate decisions, and/or to manage my financial resources and affairs properly.

I hereby ratify and confirm all acts that my Agent, or my Agents substitute or substitutes, shall lawfully do or cause to be done by virtue of this power of attorney and the rights hereby granted.

My Agent shall be entitled to reimbursement of all reasonable expenses incurred as a result of carrying out any provision of this Power of Attorney. If desired, my Agent shall also be entitled to reasonable compensation for any services provided as my Agent

If so requested by myself or any authorized personal representative or fiduciary acting on my behalf, my Agent shall provide an accounting for all funds handled and all acts performed as my Agent.

The listing of specific terms, headings, rights, acts or powers are not intended to restrict or limit the definition or scope of powers granted herein in any manner. If any part of this document is held to be invalid, illegal or unenforceable under applicable law, then the remaining unaffected parts of the document shall still remain in full force and effect and not be affected by any partial invalidity.

No person needs to inquire as to the reasons for the use or issuance of this power-of-attorney or as to the disposition of any proceeds paid to my Agent based on this document.

The powers granted to my Agent by this power-of-attorney are limited to the extent necessary to prevent (a) my income to be taxable to my Agent; (b) my Agent to have any rights or ownership with respect to any life insurance policies I may own on the life of my Agent; and/or (c) my assets to be subject to a general power of appointment by my Agent.

Any third party who receives a copy of this document may act under it. Revocation of the power of attorney is not effective as to a third party until the third party has actual knowledge of the revocation. I agree to indemnify the third party for any claims that arise against the third party because of reliance on this power of attorney.  If this Limited Power of Attorney is terminated by operation of law, any person relying in good faith on the authority of this document, without notice of such termination, shall be held harmless.  

Agent shall not be liable for losses resulting from judgment errors made in good faith. However, Agent will be liable for breach of fiduciary duty, failure to act in good faith and/or willful misconduct, while acting under the authority of this Power of Attorney.

I may revoke this Power of Attorney at any time by providing written notice to my Agent.  

Signed on ________________ (date), at _______________________ (city),  __________________________ (state).


________________________________
Signature of Principal         


Witness Signature: ___________________________________
Name: ___________________________________
City: __________________________________
State: ___________________________________


Witness Signature: ___________________________________
Name: ___________________________________
City: __________________________________
State: ___________________________________


State of __________________________   )
                  )   ss
County of ________________________   )


The foregoing instrument was acknowledged before me this _____ day of ____________________, ______ by __________________________ (name of Principal), who is personally known to me or who has produced ________________________________ as identification.



_________________________________
Signature of person taking acknowledgment (Notary Public)

_________________________________
                     Name typed, printed, or stamped
Optional Paragraphs


ENTER INTO CONTRACTS To enter into binding contracts on my behalf and to sign, endorse and execute any written agreement and document necessary to enter into any such contract and/or agreement, including but not limited to applications, assignments, bills of sale or lading, bonds, contracts, covenants, conveyances, deeds, options, trust deeds, security agreements, leases, mortgages, notes, insurance policies, receipts, title documents, checks, drafts, letters of credit, stock certificates, proxies, warrants, commercial papers, withdrawal and deposit slips, certificates of deposit of, or investments with or through banks, savings and loan, brokers, mutual fund companies or other institutions, proofs of loss, evidences of debts, releases, and satisfaction of mortgages, lien, judgments, security agreements and other debts and obligations and such other instruments in writing of whatever kind and nature as may be.  

COLLECT DEBTS: To request, ask, demand, sue and take any and all legal steps necessary to recover and collect any amount or debt owed to me.

SETTLE CLAIMS: To adjust, compromise and settle any claim, against me or asserted on my behalf against any other person or entity.  

RECEIVE & INVEST MONIES: To receive, hold, possess and/or invest any and all sums of money, accounts, debts, bonds, commercial papers, checks, drafts, causes of action, bequests, deposits, notes, interests, dividends, certificates of deposit, any and all documents of title and demands whatsoever, whether agreed to or disputed, now due or due in the future, owned by, due, owing payable, or belonging to, me or in which I have or may hereafter acquire any interest, to have, or use.

HANDLE REAL PROPERTY: To maintain, manage, insure, lease, rent, sell, mortgage, improve, repair, exchange, invest, reinvest and in any other manner (on such terms and at prices my Agent may deem proper) deal with all, any part or any interest in any real or personal property or asset whatsoever, tangible or intangible (now owned or acquired in the future by me) and to execute any necessary document, instrument or deed for such transactions. This includes the right to sell or encumber any homestead that I now own or may own in the future; the right to remove tenants and to recover possession; and the right to ask for, demand, sue for, collect, recover and receive all monies which may become due and owing to me by reason of such transaction.

INSURANCE: To apply for, purchase, maintain and/or deal with insurance and annuity contracts, insurance policies, including life insurance upon my life or the life of any other appropriate person and to make any elections and disclaimers under such policies.  

DEAL WITH GOVERNMENTAL AGENCIES: To receive, deposit, hold, demand, deal with and/or sue to recover all payments I receive from any annuity, pension, retirement benefits, retirement plans, insurance benefits and government program including, but not limited to, Social Security and Medicare; to prepare applications, provide information, and perform any other reasonable request by any government or its agencies in connection with governmental benefits (including but not limited to, medical, military and social security benefits), and to appoint anyone, including my Agent, to act as my "Representative Payee" for the purpose of receiving Social Security benefits.

HANDLE BANKING: To open, maintain and/or close bank accounts, including, but not limited to, checking accounts, savings accounts, certificates of deposit, investment accounts, brokerage accounts, retirement plan accounts, and other similar accounts with financial institutions; to conduct any business with any banking or financial institution with respect to any of my accounts, including, but not limited to, making deposits and withdrawals, negotiating or endorsing any checks or other instruments, obtaining bank statements, passbooks, drafts, warrants, money orders, certificates, cashier checks, cash or vouchers payable to me by any person, firm, corporation or political entity; to perform any act necessary to deposit, negotiate, sell or transfer any note, security, or draft of the United States of America, including U.S. Treasury Securities.

BORROW MONEY: To borrow money in my name, on such terms as my Agent may deem reasonable, for any reason my Agent deems appropriate and to execute any necessary documents in connection with such transaction.

SAFE DEPOSITS: To have access to any safe deposit box, vault or other storage area owned or leased by me alone or in conjunction with any other person, including access to their contents, and to examine, remove, keep or otherwise dispose of the contents.

HANDLE STOCKS & BONDS: To exercise any and all rights, including proxy rights, with respect to stocks, bonds, debentures, commodities, options or any other investments.

OPERATE BUSINESS: To maintain and/or operate any business that I currently own or have an interest in or may own or have an interest in, in the future.

EMPLOY CONSULTANTS & PROFESSIONALS: To employ any professional and/or business assistance as may be appropriate, including but not limited to, attorneys, accountants, investment professionals, brokers and real estate agents.  

FILE TAX DOCUMENTS: To prepare, or cause to be prepared, sign, and/or file any documents with any federal, state, local or other governmental body, including, but not limited to, federal, state, local or other income and tax returns and necessary and/or related documents; to obtain or provide information to and from any agency, including governmental agencies, relating to tax matters and to negotiate, compromise or settle any matter with such agency.

GIFTS: To make gifts and charitable contributions of my real, personal, tangible or intangible property, to such persons or organizations without regard to whether such gifts are a part of my estate planning or otherwise, and if necessary, to file any state and federal gift tax returns and documents. Gifts to minors may be made to the minor directly or parent, guardian or close friend of the minor or pursuant to the Uniform Gifts to Minors Act or the Uniform Transfers To Minors Act. Any gifts made shall be limited to gifts that qualify for the federal gift tax annual exclusion, shall not exceed in value the federal gift tax annual exclusion amount in any one calendar year, and this annual right shall be non-cumulative and shall lapse at the end of each calendar year. However, my Agent may not, unless specifically authorized by this document, (a) gift, appoint, assign or designate any of my assets, interests or rights, directly or indirectly, to my Agent, my Agent's estate, my Agent's creditors, or the creditors of my Agent's estate, (b) exercise any powers of appointment I may hold in favor of my Agent, my Agent's estate, my Agent's creditors, or the creditors of my Agent's estate, or (c) use any of my assets to discharge any of my Agent's legal obligations, including any obligations of support which my Agent may owe to others, excluding those whom I am legally obligated to support.

AUTOMOBILES: To sell, transfer, register, insure or dispose of any motor vehicle, which I now own or may own in the future. In connection with these powers, my Agent shall have the power to do all things necessary to sell, transfer, register, insure or dispose of the motor vehicle and to execute and sign any document necessary including but not limited to, Bill of Sale, Odometer Disclosure Statement, release of lien request(s), insurance documents, registration documents and other documents requested by any governmental entity in connection with the sale or transfer of the Vehicle.

TRANFER TO TRUST: To transfer any of my assets to the trustee of any revocable trust created by me, if such trust exists at the time of such transfer.  

DISCLAIM INTEREST: To disclaim any interest (subject to other provisions of this document), which might be transferred or distributed to me from any other person, estate, trust, or other entity, as may be appropriate. However, Agent may not disclaim assets, to which I would be entitled, if the result is that the disclaimed assets pass directly or indirectly to my Agent or my Agent's estate.

Number of Pages11
DimensionsDesigned for Letter Size (8.5" x 11")
EditableYes (.doc, .wpd and .rtf)
UsageUnlimited number of prints
Product number#28253
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.












Limited Power of Attorney
(With “Do It Yourself” Options)







This Packet Includes:
1. General Instructions & Checklist
2. Information
3. Limited Power of Attorney
    (With “Do It Yourself” Options)






General Instructions & Checklist
Limited Power of Attorney
(With “Do It Yourself” Options)


   You will need to use a word-processor or other text editing software to edit and use this form and you need to be able to copy, cut and paste text in the document.

   This form is “customizable” to fit your needs. It allows you to select and add optional paragraphs granting different powers to the Agent from a list of pre-written paragraphs. You can also pick whether the Power of Attorney should be durable or non-durable.

   The optional (pre-written) paragraphs should be inserted in the section marked  Insert Optional Paragraphs Here ”. The optional pre-written paragraphs can be found at the end of the document in the section titled “Optional Paragraphs”. Using your word-processor, copy, cut and paste the appropriate paragraphs into the section under  Insert Optional Paragraphs Here ”. Be sure to delete the inappropriate/non-necessary optional paragraphs from the end of the document including the unused “Optional Paragraphs” section and the Insert Optional Paragraphs Here placeholder.

   The form allows you to select whether it should be a Durable Power of Attorney (i.e. a Power of Attorney that remains in effect even after disability or incapacity of the Grantor) or a non-durable Power of Attorney (i.e. the Power of Attorney terminates with death, incapacity or disability of the Principal). Under the section marked by [Select Option A or Option B] select [Option A - Durable] for a Durable Power of Attorney or [Option B  Non-Durable] for a non-durable Power of Attorney form. Delete any instructions, placeholders and the option you did not select.

   This Limited Power of Attorney becomes effective immediately.  



   The Principal (i.e. the person granting the Power of Attorney; sometimes called the Grantor) should sign the document before a Notary. Notarization will allow the Limited Power of Attorney to be recorded as a public record, if necessary.



   Although not always required, it is always a good idea to also have two witnesses sign the Power of Attorney. Two witnesses are necessary if the Agent will be dealing with any real estate in Florida. The witnesses should be adults. Generally, anyone related by blood or marriage to the Principal, the Agent or the Notary should not be a witness.



   The Principal should keep the original document, as well as a copy. The Agent should have access to the original document as needed.

   The Principal should be careful in instructing the Agent (or attorney-in-fact) as to the tasks the Agent should complete. The Grantor should also be very careful in the selection of the Agent. The powers granted by this document can be very broad.

   You should be very careful when using this form since it contains several optional paragraphs that may or may not be appropriate for your situation and facts. Deleting the wrong paragraph or inserting an inappropriate paragraph could also invalidate the document. Be sure you know what you are doing.

   These forms are not intended and are not a substitute for legal advice. These forms should only be a starting point for you and should not be used without consulting with an attorney first. An Attorney should be consulted before negotiating any document with another party.

The purchase and use of these forms is subject to the Disclaimers and Terms of Use found at findlegalforms.com







Information
Limited Power of Attorney
(With “Do It Yourself” Options)


A Limited Power of Attorney allows a natural “mentally” competent person (called the “Principal” or “Grantor”) to authorize someone else (called the “Agent” or “Attorney-In-Fact”) to act on his or her behalf.

This “Do it yourself” Power of Attorney Form can be customized to fit your needs and becomes effective immediately. The form allows the author of the document to select and add optional paragraphs granting different powers to the Agent. Several pre-written paragraphs are provided in the forms package to select from. The Author/Grantor can also pick whether to make it a Durable Power of Attorney (i.e. a Power of Attorney that remains in effect even after disability or incapacity of the Grantor) or a non-durable Power of Attorney (i.e. the Power of Attorney terminates with death, incapacity or disability of the Principal). To customize the form, you will need to use your word-processor or other text editing software. You will also need to know how to copy, cut and paste text in the document.  This form is not available in PDF format.

Note that the word "attorney" is not used here to mean "lawyer".  The person acting as the Attorney-In-Fact for the Principal does not need to be a lawyer. Almost anyone can be appointed an Attorney-In-Fact by a power of attorney. The Agent should be a competent adult. A Power of Attorney is a “powerful” instrument and should be granted with care. Any action undertaken by the Agent, within the scope of the Power of Attorney document, will be legally binding upon the Grantor.  The Grantor can revoke a Limited Power of Attorney at any time.



The Limited Power of Attorney should always be notarized, even if your state does not require it, especially if the Agent will be dealing with any real property. Notarization will make it more difficult for any third party to challenge the validity of the Power of Attorney and will allow the Limited Power of Attorney to be recorded as a public record, if necessary.

Although, some states dont require that a Limited Power of Attorney be witnessed, it is always a very good idea to do so.

Other types of Power of Attorney form packages are available at findlegalforms.com as well, including pre-written ones that do not need any modifications and can be used as-is.



Anyone preparing and/or using this form should know what he or she is doing and should be very careful.

Please note that this information is not intended as and is not a substitute for legal advice. Furthermore, this information is general information that is not state specific. Whenever appropriate, the instructions included with the forms packages offered for sale, generally include state specific instructions.





CAUTION!


PRINCIPAL: The Powers granted by this power of attorney document can be broad and sweeping. Before signing this document, consider its consequences. You (“principal”) are providing another person (“agent”) with the power to handle business, legal and other matters on your behalf, possibly including the power to sell, mortgage or dispose of your property.  Any such action undertaken by your agent, within the scope of this power of attorney document, is legally binding upon you.  If you have any questions about these powers, obtain competent legal advice. This document does not authorize anyone to make medical and other health-care decisions for you. You may revoke this power of attorney if you later wish to do so.

AGENT: By accepting or acting under the appointment, the agent assumes the fiduciary and other legal responsibilities of an agent.






DISCLAIMER:

FindLegalForms, Inc. (“FLF”) is not a law firm and does not provide legal advice.  The use of these materials is not a substitute for legal advice. Only an attorney can provide legal advice.  An attorney should be consulted for all serious legal matters.  No Attorney-Client relationship is created by use of these materials.  

THESE MATERIALS ARE PROVIDED “AS-IS.  FLF DOES NOT GIVE ANY EXPRESS OR IMPLIED WARRANTIES OF MERCHANTABILITY, SUITABILITY OR COMPLETENESS FOR ANY OF THE MATERIALS FOR YOUR PARTICULAR NEEDS.  THE MATERIALS ARE USED AT YOUR OWN RISK.  IN NO EVENT WILL:  I) FLF, ITS AGENTS, PARTNERS, OR AFFILIATES; OR II) THE PROVIDERS, AUTHORS OR PUBLISHERS OF ITS MATERIALS, BE RESPONSIBLE OR LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, EXEMPLARY, OR CONSEQUENTIAL DAMAGES (INCLUDING, BUT NOT LIMITED TO, PROCUREMENT OF SUBSTITUTE GOODS OR SERVICES; LOSS OF USE, DATE OR PROFITS; OR BUSINESS INTERRUPTION) HOWEVER USED AND ON ANY THEORY OF LIABILITY, WHETHER IN CONTRACT, STRICT LIABILITY, OR TORT (INCLUDING NEGLIGENCE OR OTHERWISE) ARISING IN ANY WAY OUT OF THE USE OF THESE MATERIALS. 








LIMITED POWER OF ATTORNEY


KNOW ALL PERSONS BY THESE PRESENTS:

I, ____________________________________ (“Principal”) maintaining an address at _______________________________________________ do hereby make and appoint ________________________________________ (“Agent”) maintaining an address at: _____________________________________________________ my true and lawful attorney-in-fact for me and in my name, and in my behalf.  

My Agent shall have full power and authority to perform the following in my place and stead:

 Insert Optional Paragraphs Here 


[Select Option A or Option B]

Option A  Durable
This Power of Attorney and the rights, powers, and authority of my Agent shall be a Durable Power of Attorney. This Durable Power of Attorney and the rights, powers, and authority of my Agent shall become effective immediately upon execution of this instrument. The rights, powers, and authority of this document shall remain in full force and effect thereafter until my death.  This Power of Attorney shall not terminate on my subsequent disability, incapacity or lack of mental competence (except as provided by any applicable statute).

Option B  Non-Durable
This power of attorney is non-durable. This Limited Power of Attorney and the rights, powers, and authority of my Agent shall become effective immediately upon execution of this instrument. The rights, powers, and authority of this document shall remain in full force and effect thereafter until my death or until my disability or incapacity.  


As used herein, "disability" or "incapacity" shall mean a lack of capacity to receive and evaluate information effectively, to communicate decisions, and/or to manage my financial resources and affairs properly.

I hereby ratify and confirm all acts that my Agent, or my Agents substitute or substitutes, shall lawfully do or cause to be done by virtue of this power of attorney and the rights hereby granted.

My Agent shall be entitled to reimbursement of all reasonable expenses incurred as a result of carrying out any provision of this Power of Attorney. If desired, my Agent shall also be entitled to reasonable compensation for any services provided as my Agent

If so requested by myself or any authorized personal representative or fiduciary acting on my behalf, my Agent shall provide an accounting for all funds handled and all acts performed as my Agent.

The listing of specific terms, headings, rights, acts or powers are not intended to restrict or limit the definition or scope of powers granted herein in any manner. If any part of this document is held to be invalid, illegal or unenforceable under applicable law, then the remaining unaffected parts of the document shall still remain in full force and effect and not be affected by any partial invalidity.

No person needs to inquire as to the reasons for the use or issuance of this power-of-attorney or as to the disposition of any proceeds paid to my Agent based on this document.

The powers granted to my Agent by this power-of-attorney are limited to the extent necessary to prevent (a) my income to be taxable to my Agent; (b) my Agent to have any rights or ownership with respect to any life insurance policies I may own on the life of my Agent; and/or (c) my assets to be subject to a general power of appointment by my Agent.

Any third party who receives a copy of this document may act under it. Revocation of the power of attorney is not effective as to a third party until the third party has actual knowledge of the revocation. I agree to indemnify the third party for any claims that arise against the third party because of reliance on this power of attorney.  If this Limited Power of Attorney is terminated by operation of law, any person relying in good faith on the authority of this document, without notice of such termination, shall be held harmless.  

Agent shall not be liable for losses resulting from judgment errors made in good faith. However, Agent will be liable for breach of fiduciary duty, failure to act in good faith and/or willful misconduct, while acting under the authority of this Power of Attorney.

I may revoke this Power of Attorney at any time by providing written notice to my Agent.  

Signed on ________________ (date), at _______________________ (city),  __________________________ (state).


________________________________
Signature of Principal         


Witness Signature: ___________________________________
Name: ___________________________________
City: __________________________________
State: ___________________________________


Witness Signature: ___________________________________
Name: ___________________________________
City: __________________________________
State: ___________________________________


State of __________________________   )
                  )   ss
County of ________________________   )


The foregoing instrument was acknowledged before me this _____ day of ____________________, ______ by __________________________ (name of Principal), who is personally known to me or who has produced ________________________________ as identification.



_________________________________
Signature of person taking acknowledgment (Notary Public)

_________________________________
                     Name typed, printed, or stamped
Optional Paragraphs


ENTER INTO CONTRACTS To enter into binding contracts on my behalf and to sign, endorse and execute any written agreement and document necessary to enter into any such contract and/or agreement, including but not limited to applications, assignments, bills of sale or lading, bonds, contracts, covenants, conveyances, deeds, options, trust deeds, security agreements, leases, mortgages, notes, insurance policies, receipts, title documents, checks, drafts, letters of credit, stock certificates, proxies, warrants, commercial papers, withdrawal and deposit slips, certificates of deposit of, or investments with or through banks, savings and loan, brokers, mutual fund companies or other institutions, proofs of loss, evidences of debts, releases, and satisfaction of mortgages, lien, judgments, security agreements and other debts and obligations and such other instruments in writing of whatever kind and nature as may be.  

COLLECT DEBTS: To request, ask, demand, sue and take any and all legal steps necessary to recover and collect any amount or debt owed to me.

SETTLE CLAIMS: To adjust, compromise and settle any claim, against me or asserted on my behalf against any other person or entity.  

RECEIVE & INVEST MONIES: To receive, hold, possess and/or invest any and all sums of money, accounts, debts, bonds, commercial papers, checks, drafts, causes of action, bequests, deposits, notes, interests, dividends, certificates of deposit, any and all documents of title and demands whatsoever, whether agreed to or disputed, now due or due in the future, owned by, due, owing payable, or belonging to, me or in which I have or may hereafter acquire any interest, to have, or use.

HANDLE REAL PROPERTY: To maintain, manage, insure, lease, rent, sell, mortgage, improve, repair, exchange, invest, reinvest and in any other manner (on such terms and at prices my Agent may deem proper) deal with all, any part or any interest in any real or personal property or asset whatsoever, tangible or intangible (now owned or acquired in the future by me) and to execute any necessary document, instrument or deed for such transactions. This includes the right to sell or encumber any homestead that I now own or may own in the future; the right to remove tenants and to recover possession; and the right to ask for, demand, sue for, collect, recover and receive all monies which may become due and owing to me by reason of such transaction.

INSURANCE: To apply for, purchase, maintain and/or deal with insurance and annuity contracts, insurance policies, including life insurance upon my life or the life of any other appropriate person and to make any elections and disclaimers under such policies.  

DEAL WITH GOVERNMENTAL AGENCIES: To receive, deposit, hold, demand, deal with and/or sue to recover all payments I receive from any annuity, pension, retirement benefits, retirement plans, insurance benefits and government program including, but not limited to, Social Security and Medicare; to prepare applications, provide information, and perform any other reasonable request by any government or its agencies in connection with governmental benefits (including but not limited to, medical, military and social security benefits), and to appoint anyone, including my Agent, to act as my "Representative Payee" for the purpose of receiving Social Security benefits.

HANDLE BANKING: To open, maintain and/or close bank accounts, including, but not limited to, checking accounts, savings accounts, certificates of deposit, investment accounts, brokerage accounts, retirement plan accounts, and other similar accounts with financial institutions; to conduct any business with any banking or financial institution with respect to any of my accounts, including, but not limited to, making deposits and withdrawals, negotiating or endorsing any checks or other instruments, obtaining bank statements, passbooks, drafts, warrants, money orders, certificates, cashier checks, cash or vouchers payable to me by any person, firm, corporation or political entity; to perform any act necessary to deposit, negotiate, sell or transfer any note, security, or draft of the United States of America, including U.S. Treasury Securities.

BORROW MONEY: To borrow money in my name, on such terms as my Agent may deem reasonable, for any reason my Agent deems appropriate and to execute any necessary documents in connection with such transaction.

SAFE DEPOSITS: To have access to any safe deposit box, vault or other storage area owned or leased by me alone or in conjunction with any other person, including access to their contents, and to examine, remove, keep or otherwise dispose of the contents.

HANDLE STOCKS & BONDS: To exercise any and all rights, including proxy rights, with respect to stocks, bonds, debentures, commodities, options or any other investments.

OPERATE BUSINESS: To maintain and/or operate any business that I currently own or have an interest in or may own or have an interest in, in the future.

EMPLOY CONSULTANTS & PROFESSIONALS: To employ any professional and/or business assistance as may be appropriate, including but not limited to, attorneys, accountants, investment professionals, brokers and real estate agents.  

FILE TAX DOCUMENTS: To prepare, or cause to be prepared, sign, and/or file any documents with any federal, state, local or other governmental body, including, but not limited to, federal, state, local or other income and tax returns and necessary and/or related documents; to obtain or provide information to and from any agency, including governmental agencies, relating to tax matters and to negotiate, compromise or settle any matter with such agency.

GIFTS: To make gifts and charitable contributions of my real, personal, tangible or intangible property, to such persons or organizations without regard to whether such gifts are a part of my estate planning or otherwise, and if necessary, to file any state and federal gift tax returns and documents. Gifts to minors may be made to the minor directly or parent, guardian or close friend of the minor or pursuant to the Uniform Gifts to Minors Act or the Uniform Transfers To Minors Act. Any gifts made shall be limited to gifts that qualify for the federal gift tax annual exclusion, shall not exceed in value the federal gift tax annual exclusion amount in any one calendar year, and this annual right shall be non-cumulative and shall lapse at the end of each calendar year. However, my Agent may not, unless specifically authorized by this document, (a) gift, appoint, assign or designate any of my assets, interests or rights, directly or indirectly, to my Agent, my Agent's estate, my Agent's creditors, or the creditors of my Agent's estate, (b) exercise any powers of appointment I may hold in favor of my Agent, my Agent's estate, my Agent's creditors, or the creditors of my Agent's estate, or (c) use any of my assets to discharge any of my Agent's legal obligations, including any obligations of support which my Agent may owe to others, excluding those whom I am legally obligated to support.

AUTOMOBILES: To sell, transfer, register, insure or dispose of any motor vehicle, which I now own or may own in the future. In connection with these powers, my Agent shall have the power to do all things necessary to sell, transfer, register, insure or dispose of the motor vehicle and to execute and sign any document necessary including but not limited to, Bill of Sale, Odometer Disclosure Statement, release of lien request(s), insurance documents, registration documents and other documents requested by any governmental entity in connection with the sale or transfer of the Vehicle.

TRANFER TO TRUST: To transfer any of my assets to the trustee of any revocable trust created by me, if such trust exists at the time of such transfer.  

DISCLAIM INTEREST: To disclaim any interest (subject to other provisions of this document), which might be transferred or distributed to me from any other person, estate, trust, or other entity, as may be appropriate. However, Agent may not disclaim assets, to which I would be entitled, if the result is that the disclaimed assets pass directly or indirectly to my Agent or my Agent's estate.

Customer Reviews

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Reviews: 4


Spring Green,

WI

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Although we live in Wisconsin, we had need for an agent in Arizona to complete the transfer, registration and insurance of a mobile home that we inherited. There was a degree of urgency and a relatively short time period to accomplish all of this during the busy holiday season when the US mail is relatively slow. Finding the correct document in Word format, purchasing and downloading it were simple. I simply cut and pasted the body of the document and optional paragraphs into a new Word document to create the form that was exactly what we needed. The legal form we needed was purchased, prepared, mailed and in the hands of our agent within three days at a very low cost. The next time I need a legal form, I would not hesitate to purchase it here.


Lewiston,

ID

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This was an inexpensive way of creating a legal form. I was able to create the form I wanted.


Oceanside,

CA

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Quick option for that must have document. The ready to use paragraph inserts are available for almost every situation. Highly recommended.


Auburn,

CA

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Exactly what I was looking for. Easy to find, easy to download and easy to use. Highly recommended.


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