Alabama durable financial power of attorney form is a statutory document that allows an individual to act in their place for broad or specific financial powers.
Sample power of attorney form alabama.
The form has the durable use that remains in effect even if the principal is no longer able to make decisions for themselves due to mental instability.
The alabama durable power of attorney form allows a person to choose someone else that will have the capability to act in their place for financial decision making.
If you violate the alabama uniform power of attorney act chapter 1a title.
This power allows a person that you select to be able to conduct any type of financial health care tax filing or department of motor vehicle related activity on your behalf.
Alabama power of attorney forms.
The powers are durable which means the form remains valid even if the principal should become mentally incompetent.
Liability of agent the meaning of the authority granted to you is defined in the alabama uniform power of attorney act chapter 1a title 26 code of alabama 1975.
A power of attorney simply means providing your decision making rights and authority to someone who you trust and may act on your behalf.
The alabama power of attorney forms must follow the alabama uniform power of attorney act which provides the right for individuals to select someone else to act in their place for financial or health care causes.
Alabama power of attorney is a document that is used for individuals who would like to designate someone else an agent to handle decisions on their behalf for a durable general or limited use this form is most commonly used by a person who would like to have an agent represent them if they are not able to for health reasons not being able to appear at a specified location or when.
Alabama power of attorney documents are available to download to elect someone else to be able to assist and make decisions on your behalf.
The term durable refers to the designation that if the principal can no longer make decisions for themselves that their selected agent will be able to act on their behalf.
Instructions in this power of attorney state that such an action will not terminate your authority.
Irs power of attorney form 2848 revised in dec.
The principal is responsible for all actions taken by the selected agent to whom with the durable form will have the right to all monetary related access to the principal s.
2015 allows an individual or business entity to elect a party usually an accountant or tax attorney to file federal taxes on their behalf.
Alabama power of attorney scope and definitions are explained in the alabama uniform power of attorney act chapter 1a title 26 code of alabama 1975.
Your agent will be able to make decisions and act with respect to your property including your money whether or not you are able to act for yourself.
Alabama power of attorney form important information this power of attorney authorizes another person your agent to make decisions concerning your property for you the principal.