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A power of attorney (POA) is a legally binding document that allows you to appoint someone to manage your property, medical, or financial affairs. Although it can be uncomfortable to think about needing it, a POA is an important part of your estate plan. A POA is typically used if you cannot manage your affairs.
An Arkansas durable statutory power of attorney form allows a principal to nominate a spouse or trusted relative (agent) to handle their financials during their lifetime. The term durable means the principals incapacity will not void the agents powers.
The Power of Attorney (POA) is all about giving the right to act on your behalf to a trusted friend or family member. A Power of Attorney allows the holder of the POA to take clearly defined actions and decisions on behalf of the donor in this case.
Your Rights: You retain full control over your affairs, even after you have signed a durable power of attorney. You can allow your agent to act or not at your discretion. You can also revoke the power of attorney at any time and for any reason.
A lasting power of attorney is a legal document that lets you appoint someone to make decisions for you.This includes decisions about your: finances. property. future healthcare. future personal care and welfare.
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The laws for PoA forms vary by state; however, in Arkansas, your Power of Attorney must be signed by a notary public. If your agent will engage in real estate transactions, the Power of Attorney will need to be signed before a notary public and recorded or filed with your county.
An Arkansas durable statutory power of attorney form allows a principal to nominate a spouse or trusted relative (agent) to handle their financials during their lifetime. The term durable means the principals incapacity will not void the agents powers.
The laws for PoA forms vary by state; however, in Arkansas, your Power of Attorney must be signed by a notary public. If your agent will engage in real estate transactions, the Power of Attorney will need to be signed before a notary public and recorded or filed with your county.
Your Rights: You retain full control over your affairs, even after you have signed a durable power of attorney. You can allow your agent to act or not at your discretion. You can also revoke the power of attorney at any time and for any reason.
While Arkansas does not technically require you to get your POA docHubd, notarization is very strongly recommended. Under Arkansas law, when you sign your POA in the presence of a notary public, your signature is presumed to be genuinemeaning your POA is more ironclad.

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