The person named to represent the individual is referred to as an agent or attorney-in-fact. You can find more information online at Deaf, hard of hearing or speech impaired callers can call CLEAR or 211 (or toll-free 1-87) using the relay service of their choice. Durable power of attorney for finances, or a financial power of attorney, is a legal document that gives someone authority to manage an individual’s financial affairs. If you live in King County, call 211 for information and referral to a legal services provider Monday-Friday from 8:00 am to 6:00 pm. You can also apply online at /get-legal-help. If you live outside King County, call the CLEAR hotline Monday-Friday from 9:15 am to 12:15 pm at 1-88. Durable power of attorney for finances, or a financial power of attorney, is a legal document that gives someone authority to manage an individual’s financial affairs. You can also give a copy of this written notice to your medical providers, bank, school, and other places that might accept the old power of attorney document. A sample “Notice of Revocation” is included in this packet. You can revoke (cancel) your power of attorney document at any time with a written notice to your agent. Can I change my Power of Attorney documents and choose a new agent? Give the original document to your agent, give one copy to your alternate agent, and keep the second copy for yourself. A Durable Financial Power of Attorney is just the term used that denotes someone can act even after you become incapacitated and cant express your will or. What should I do after I sign it?Īfter you sign your documents, make two copies. However, notarization is preferred, especially for a Durable Power of Attorney for Finances. If you cannot find a notary, you can sign it in front of two "disinterested" witnesses instead. ![]() This named agent can continue to be so if you become disabled or incapacitated since the power of attorney remains in place until your death or the order is revoked. You should sign your Durable Power of Attorney document in front of a notary. A durable power of attorney is a document that establishes who is in charge of your health or financial decisions. (2) Durable means, with respect to a power of attorney, not terminated by. It is called durable because it continues even after you become unable to make legal and financial decisions. ![]() The trusted friend or relative you choose to help you with your finances and/or health care decisions is called your “agent.” Do I need to sign my document in front of a notary? General authority with respect to banks and other financial institutions. After you sign it, the person you choose will take the power of attorney document to your medical providers, bank, school, and other places to make decisions and sign contracts just as if he or she were you. ![]() A power of attorney document lets you choose a trusted friend or relative to help you with your finances and/or health care decisions. This legal document specifies the powers or authority you are giving to a trusted person to manage your financial matters.
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