Simple Paperless Solutions- Try Free! Create A Legal Power Of Attorney. Instant Downloa Mail Paper Copy or Hard Copy Delivery, Start and Order Now! A durable power of attorney form allows an individual (“principal”) to select someone else (“agent” or “attorney-in-fact”) to handle financial-related matters on their behalf. The term “durable” means that, if the principal should become incapacitate the form would remain in effect.
The principal grants these powers to a trusted friend or relative called an agent. The agent can only act as the principal specifies and the agent has a fiduciary responsibility to act in the best interests of the principal. The powers are durable which means the form remains valid even if the principal should become mentally incompetent.
See full list on powerofattorney. The Arizona limited power of attorney form, also known as the “durable special power of attorney,” is a document that allows a person to choose a representative to handle specific financial matters on their behalf. The power granted to the agent could be as simple as picking up mail or as involved as the handling of real estate transactions. Where can I find power of attorney form?
How can I become a financial power of attorney? What is a financial power of attorney and who needs one?