How to Write a Durable Power of Attorney
The power of attorney is a legal document that allows a person to exercise decision making for another person once they have been rendered unable to make decisions. The person being given the authority to make decisions is known as an agent and also known as attorney. The person granting the authority to the agent is known as a principal.
- Point out the need for a power of attorney. It is important for the principle to identify their need to have a person to aid them in making decisions. Once they identify an agent, they need to know their duties and how to handle them efficiently.
- Begin the writing the document. When writing the legal document, ensure that the addresses and names of both the principle and the agent are in order on the document. Their social security numbers should also be included.
- Outline the duties of the agent. It is important to note the specific areas in which you would want your agent to represent you. This will include how far the limit of authority may go including financial and banking, accessing of deposit boxes that are in the custody of the principal, carrying out real estate and property transactions, noting their responsibility of filling taxes and so on.
- Specify the length of time. This legal document should include the duration of time and any revocations and restrictions.
- Sign the document. The power of attorney should include the signature of the principal, agent, notary and two witnesses. Each person signing the document should have a copy of the document after a seal has been placed.