does a power of attorney need to be notarized arizona

Does a power of attorney need to be notarized arizona free#

Does a power of attorney need to be notarized arizona free#

I, _, the principal, sign my name to this power of attorney this _ day of _ and, being first duly sworn, do declare to the undersigned authority that I sign and execute this instrument as my power of attorney and that I sign it willingly, or willingly direct another to sign for me, that I execute it as my free and voluntary act for the purposes expressed in the power of attorney and that I am eighteen years of age or older, of sound mind and under no constraint or undue influence. Is executed and attested by its acknowledgment by the principal and by an affidavit of the witness before a notary public and evidenced by the notary public's certificate, under official seal, in substantially the following form: Is witnessed by a person other than the agent, the agent's spouse, the agent's children or the notary public.Ĥ.

Is signed or marked by the principal or signed in the principal's name by some other individual in the principal's conscious presence and at the principal's direction.ģ. Contains language that clearly indicates that the principal intends to create a power of attorney and clearly identifies the agent.Ģ. Except as provided in section 28-370, an adult, known as the principal, may designate another adult, known as the agent, to make financial decisions on the principal's behalf by executing a written power of attorney that satisfies all of the following requirements:ġ. A power of attorney executed in another jurisdiction of the United States is valid in this state if the power of attorney was validly executed in the jurisdiction in which it was created.ĭ. 'This power of attorney is effective on the disability or incapacity of the principal.'Ĭ. 'This power of attorney is not affected by subsequent disability or incapacity of the principal or lapse of time.'Ģ. The written instrument may demonstrate the principal's intent required by subsection A of this section using either of the following statements or similar language:ġ. Regardless of how much time has elapsed, unless the instrument states a definite termination time.ī. If the principal is subsequently a person with a disability or incapacitated.Ģ. The instrument shall contain words that demonstrate the principal's intent that the authority conferred in the durable power of attorney may be exercised:ġ. A durable power of attorney is a written instrument by which a principal designates another person as the principal's agent. Durable power of attorney creation validityĪ. With the Durable Power of Attorney, the power of the party or individual continues indefinitely after you can’t make your own decisions legally or incapacitated.14-5501 - Durable power of attorney creation validityġ4-5501. These are usually used in cases where you worry about becoming disabled in the future. The authority you grant lasts as long as you do, unless you choose to revoke it prior to that time.

Although a general power of attorney is frequently used in situations where the Principal is incapacitated, it can also be used by individuals who lack the time, skills, knowledge, or ability to manage all of their financial affairs. You are transferring all of your personal authority and rights to a specific party or individual through this document. This is a thorough, all-inclusive durable power of attorney.

Generally, the document specifies the date or time at which the power expires. If you require someone to act on your behalf for a specific purpose, a limited power of attorney is necessary. There are four types of power of attorney documents, and you should closely examine each one to establish which will work best for you when you need an individual to act in your place Limited Power of Attorney They are valuable assets in any estate-planning effort. Powers of attorney are available in a variety of forms, each designed to serve a purpose.