A Pennsylvania Durable Power of Attorney form is a legal document that allows an individual, known as the principal, to appoint someone else, referred to as the agent, to make decisions on their behalf. This authority remains in effect even if the principal becomes incapacitated, ensuring that their financial and medical matters can be managed without interruption. Understanding this form is crucial for anyone looking to safeguard their interests and ensure their wishes are honored in times of need.
The Pennsylvania Durable Power of Attorney form serves as a critical legal document that allows individuals to designate an agent to make financial and healthcare decisions on their behalf in the event they become incapacitated. This form is essential for ensuring that personal and financial matters are managed according to one's wishes, even when they are unable to communicate those wishes themselves. It grants the appointed agent the authority to handle a wide range of responsibilities, including managing bank accounts, paying bills, and making medical decisions. Importantly, the durable nature of this power of attorney means that it remains effective even if the principal becomes mentally or physically unable to make decisions. Completing this form requires careful consideration, as the chosen agent must be someone the principal trusts implicitly. Moreover, the document can be customized to include specific powers or limitations, allowing individuals to tailor the authority granted to their unique needs and circumstances. Understanding the implications and requirements of the Pennsylvania Durable Power of Attorney form is vital for anyone looking to safeguard their future and ensure that their preferences are honored during times of incapacity.
Pennsylvania Durable Power of Attorney
This Durable Power of Attorney is created pursuant to the laws of the Commonwealth of Pennsylvania, specifically under the Pennsylvania Consolidated Statutes, Title 20, Chapters 56 regarding Powers of Attorney. This legal document grants the person named as the agent the authority to act in place of the principal in financial matters even in the event the principal becomes disabled or incapacitated.
Date: ___________________________
Principal's Full Name: ___________________________________________
Principal's Address: _____________________________________________
Agent's Full Name: ___________________________________________
Agent's Address: _____________________________________________
Article 1: Assignment of Authority
The principal named above does hereby appoint the agent also named above as their Attorney-in-Fact to perform the following acts on their behalf:
Article 2: Durability
This Power of Attorney shall continue to be effective in the event that I become disabled, incapacitated, or incompetent. By this document, I intend to create a Durable Power of Attorney as defined under Pennsylvania law.
Article 3: Third Parties
Any third party who receives a duly signed copy of this Power of Attorney may act under it. Revocation of this Power of Attorney is effective only upon receipt of written notification by the third party.
Article 4: Revocation
This Power of Attorney may be revoked by the principal at any time by providing written notice to the agent.
Article 5: Governing Law
This document is to be governed under the laws of the Commonwealth of Pennsylvania.
Signatures
Principal's Signature: _______________________________ Date: _______________
Agent's Signature: ___________________________________ Date: _______________
Witness #1 Signature: _______________________________ Date: _______________
Witness #2 Signature: _______________________________ Date: _______________
Notarization
This document was acknowledged before me on _____________________ (date) by _____________________ (name of principal).
Notary Public's Signature: ___________________________
My commission expires: ___________________
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