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A power of attorney must be (i) signed by the principal or in the principal's conscious presence by another individual directed by the principal to sign the principal's name on the power of attorney and (ii) acknowledged.
Rights as Power of Attorney in North Carolina Financially, you can authorize an agent to sign paychecks, withdraw money, file tax returns, buy and sell property such as real estate or automobiles, purchase insurance, manage benefits, make decisions about stocks, and hire professionals for assistance.
AgeLab outlines very well the four types of power of attorney, each with its unique purpose: General Power of Attorney. ... Durable Power of Attorney. ... Special or Limited Power of Attorney. ... Springing Durable Power of Attorney.
While North Carolina does not technically require you to get your POA notarized, notarization is strongly recommended. Under North Carolina law, when you sign your POA in the presence of a notary public, you signature is presumed to be genuine\u2014meaning your POA is more ironclad.
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