There comes a time in your life when you want to step back in making legal and business decisions. Unfortunate circumstances like accidents and paralysis can render you incapacitated and put your business at risk. In cases like these, you need to prepare a power of attorney. This is a document that allows you to appoint someone who will decide on your legal matters and finances under your name. If you need these kinds of documents, get them from our website today. These are editable and printable anytime.
Before writing the power of attorney, you need to appoint an agent or your authorized representative for future decision-making situations. You are the principal of this document. State both of your names in the document and name the properties and activities under the agent's authority. Include the compensation of the agent for his/her services. Indicate the date of effectivity and termination as well since the power of attorney is only temporary. Some of the things an agent can do under your name are sign cheques and decide on the principal's health care and medical needs. This is a legally binding document, so every action of the agent matters within the duration of the agreement. Lastly, affix the name, address, and signature of the person who witnessed the signing.
Always save your work to maintain your progress. Check your document for any errors before printing. Since our products already contain sample content, you don't have to start from a blank page. Download our templates now!
