Uniform Statutory Form Power Of Attorney Vs Durable Power Of Attorney

A general power of attorney grants wide legal authority to act on a person s behalf including filing tax returns paying bills borrowing money and so on.

Uniform statutory form power of attorney vs durable power of attorney. This document does not authorize anyone to make medical and other health care decisions for you. By signing the durable power of attorney you are authorizing another person to act for you the principal. A statutory power of attorney is one for which the language and content is prescribed by statute. Within this act is a revised form for a power of attorney.

Durable powers of attorney on the other hand remain in effect regardless of your mental competence or capacity. Before you sign this. If you have any questions about these powers obtain competent legal advice. It is important to understand some of the different categories of power of attorney the power provided in each and the way in which a durable power of attorney is different.

While this new act does not require that the new form be used it does replace the former statutory. Two very common statutory forms are for medical care and for financial management. It s designed to provide an agent with broad powers that don t. If you have any questions about these powers obtain competent legal advice.

Among the most common are special general and medical power of attorney. They are explained in the uniform statutory form power of attorney act. You may revoke this power of attorney if you later wish to do so. The powers granted by this document are broad and sweeping.

A durable power of attorney doesn t expire until the death of the principal a uniform statutory form poa is a form that has been adopted by many states that once adopted gives legislative sanction. A durable power of attorney generally remains in effect until the principal revokes the powers or dies but can also be terminated if a court finds the document invalid or revokes the agent s authority or if the principal gets divorced and the spouse was the agent. A general power of attorney is a term of art that delegates financial management powers. Georgia statutory financial power of attorney instructions and form introduction the general assembly enacted the uniform power of attorney act during the 2017 legislative session.

Under a nondurable power of attorney sometimes referred to as a regular power of attorney the named agent s authority ends if the person who granted the power becomes incompetent or incapacitated. Statutory form power of attorney page i notice to person executing durable power of attorney california probate code section 4128 a a durable power of attorney is an important legal document. Uniform statutory form power of attorney california probate code section 4401 notice. They are explained in the uni form statutory form power of attorney act california probate code sections 4400 4465.