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While its not mandatory to appoint and legally register a POA in the state of Alabama, any Huntsville attorney would strongly advise that you do. Youll need a power of attorney if you become mentally incapacitated and cannot manage your financial, business, real estate, and even personal affairs.
Steps for Making a Financial Power of Attorney in Alabama Create the POA Using a Statutory Form, Software, or Attorney. Sign the POA in the Presence of a Notary Public. Store the Original POA in a Safe Place. Give a Copy to Your Agent or Attorney-in-Fact. File a Copy With the Land Records Office.
An Alabama durable statutory power of attorney form allows an individual to act in the principals place for broad or specific financial powers. The form has the durable use that remains in effect even if the principal is no longer able to make decisions for themselves due to mental instability.
An Alabama durable statutory power of attorney form allows an individual to act in the principals place for broad or specific financial powers. The form has the durable use that remains in effect even if the principal is no longer able to make decisions for themselves due to mental instability.
The laws governing PoA forms vary in each state; however, in Alabama, your Power of Attorney will require notarization. If your agent will have the ability to handle real estate transactions, the Power of Attorney will need to be signed before a notary and recorded or filed with the county.

People also ask

What three decisions Cannot be made by a legal power of attorney? A legal power of attorney does not enable an agent to take over responsibilities from the Principal, make choices after their death, or assign inheritances and assets once they have passed away.
However, a general power of attorney only operates while you are still coherent and mentally capable. It automatically expires upon incapacity or death. A durable power of attorney remains operational upon incapacity, although it expires upon death.
IMPORTANT INFORMATION This power of attorney authorizes another person (your agent) to make decisions concerning your property for you (the principal). Your agent will be able to make decisions and act with respect to your property (including your money) whether or not you are able to act for yourself.

alabama durable power form