Special or Limited Power of Attorney for Real Estate Purchase Transaction by Purchaser - Montana 2025

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Durable Power of Attorney Theyll have control even if youre incapacitated. This POA is often recommended for long-term planning. A durable POA can give you peace of mind. Youre assured that someone will handle your affairs if youre incapacitated.
In California, there are four main types of POAs, each offering a specific scope of decision-making power: general, durable, limited, and medical. Understanding these distinctions is crucial for selecting the POA that best suits your individual needs: General Power of Attorney.
Notarization Requirement While Montana does not technically require you to get your POA notarized, notarization is strongly recommended. Under Montana 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.
Because a power of attorney may grant very broad power over your property, including your bank accounts, we recommend that you consult a legal advisor, estate planner or other tax professional to see whats right for your situation.
A Limited Power of Attorney (also called a Specific or Special Power of Attorney) allows the person who has the POA, the holder, to legally act on behalf of someone else, the principal, for a specific timeframe, scope or document.
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When someone makes you the agent in their power of attorney, you cannot: Write a will for them, nor can you edit their current will. Take money directly from their bank accounts. Make decisions after the person you are representing dies. Give away your role as agent in the power of attorney.

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