Special Durable Power of Attorney for Bank Account Matters - Massachusetts 2025

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  1. Click ‘Get Form’ to open it in the editor.
  2. Begin by filling in your name and county at the top of the form. This identifies you as the principal granting authority.
  3. Next, designate your agent by entering their name. This person will have the authority to manage your bank accounts.
  4. Provide the name and address of your bank, ensuring accuracy for seamless transactions.
  5. Review each power granted to your agent, such as making deposits or withdrawals, and ensure they align with your intentions.
  6. Sign and date the document at the bottom, followed by two witnesses who must also sign and provide their information.

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General POA: This grants someone the authority to conduct all affairs on your behalf. Durable POA: This authorization remains effective even if you should become disabled or incapacitated, and can provide one of the most important benefits of a POA.
Document Requirements Written Format: A POA must be in writing; verbal agreements wont suffice. Authority Outlined: The document should clearly specify the powers being granted to the agent (the person acting on your behalf). Signatures: The principal must sign the POA in the presence of a notary public.
While Massachusetts law does not technically require a POA to be docHubd, signing your POA in the presence of a notary public is very strongly recommended. Many financial institutions will not want to rely on a POA unless it has been docHubda process that helps to authenticate the document.
The writing must contain the words This power of attorney shall not be affected by subsequent disability or incapacity of the principal, or lapse of time, or This power of attorney shall become effective upon the disability or incapacity of the principal, or similar words showing the principals intent that the
A power of attorney document allows someone that you select (your attorney-in-fact or agent) to act on your behalf in financial matters. It is common for a deploying servicemember to sign a power of attorney document that assigns a family member or friend as servicemembers attorney-in-fact.
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