To do all acts necessary for maintaining the customary standard of living of the principal.
To exercise or perform insurance transactions.
To conduct any business operating transactions.
To have access to safe deposit boxes and vaults.
To bond, share, and commodity transactions.
To lease, purchase, exchange, and acquire personal property.
To lease, purchase, exchange, and acquire real property.
The statute confers at least the following powers to the attorney-in-fact: A power of attorney can also be designed to survive the incapacity or mental incompetence of the principal. For example, a limited power of attorney might be drafted to allow a wife to sign legal documents for her husband while he is out of town. It can be either for all purposes ("General") or for a specific purpose ("Special" or "Limited").Ī POA can give either broad or limited powers to the attorney-in-fact. The Power of Attorney is frequently used to help in the event of a Principal's illness or disability, or in legal transactions where the principal cannot be present to sign necessary legal documents. The power of Attorney gives legal authority to another person (called an Agent or Attorney-in-Fact) to make property, financial and other legal decisions for the Principal.Ī Principal can give an Agent broad legal authority, or very limited authority. The person who signs (or executes) a Power of Attorney is called the Principal. For some purposes, the law requires a power of attorney to be in writing.Ī Power of Attorney is a legal instrument that is used to delegate legal authority to another. A power of attorney may be oral and whether witnessed or not, will hold up in court, same as if it were in writing. The agent is also called an "attorney-in-fact", which is different than an attorney at law. The person signing the document, or "Principal", appoints another person as an agent. Vehicle Power of Attorney (REG 260) – This form is helpful in the event someone needs to have a representative handle matters with the California Department of Motor Vehicles.A power of attorney (POA) is a written document that gives another person the authority to act on your behalf. Signing Requirements: The principal only. Tax Power of Attorney (FTB 3520) – This form is used when a person seeks to have someone else represent them in matters involving the California Tax Service Center. Revocation of Power of Attorney – This form is used when a person of sound mind seeks to revoke a power of attorney they may have created in the past. Real Estate Power of Attorney – For the sale, management, or purchasing of real property on behalf of someone else. Parental (Minor Children) Power of Attorney – This form permits a parent to grant the power to a temporary guardian to make decisions on behalf of their children in case the parent has to be away from the children for a period of time and therefore unable to make everyday decisions for them. Limited Power of Attorney – This form is meant to take into account certain limited situations where a principal needs to have an agent act for him or her.ĭownload: Adobe PDF, MS Word (.docx), OpenDocument Signing Requirements ( § 4121(c)): Two (2) witnesses or a notary acknowledgment. If they should become incapacitated, the form becomes void.ĭownload: Adobe PDF, MS Word(.docx), OpenDocument General Power of Attorney – Allows an individual to give certain financial powers to someone else while they are coherent. Signing Requirements ( § 4402(c)): A notary acknowledgment. Signing Requirements ( § 4701): Two (2) witnesses or a notary acknowledgment.ĭurable (Statutory) Power of Attorney – Allows someone else to handle financial decisions while they are coherent and if they should become incapacitated.ĭownload: Adobe PDF, MS Word, OpenDocument Advance Health Care Directive – Allows a person to select a health care agent and set out their end-of-life treatment options.