Compress Legal Mississippi Management Forms For Free

Steps for Making a Financial Power of Attorney in Mississippi Create the POA Using a Form, Software or an 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 Chancery Clerk's Office.

Estate Plan Drafting A Mississippi trust typically costs anywhere between $900 and $2950. At Snug, any member can create a Power of Attorney and Health Care Directive for free. A Will costs $195 and a Trust costs $500.

The requirements and restrictions vary in each state; however, in Mississippi, your document will require notarization. If your agent will have the authority to manage real estate transactions, the Power of Attorney will need to be acknowledged by a notary and recorded or filed with the county.

File a Copy With the Chancery Clerk's Office If you gave your agent the power to conduct transactions with real estate, you should also file a copy of your POA in the land records office (called the chancery clerk's office in Mississippi) in the county or counties where you own real estate.

You dictate the actions you permit the person to take, and you can limit it to a single transaction or give the person general authority. You can revoke a power of attorney through a written revocation form, which must be given to your agent and to the individuals and businesses the agent deals with on your behalf.

A durable power of attorney is a power of attorney by which a principal designates another his attorney in fact in writing and the writing contains 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 ...