Connecticut Financial Power Of Attorney Form

State:
Connecticut
Control #:
CT-P003
Format:
Word; 
Rich Text
Instant download

Description

This General Durable Power of Attorney for Property and Finances Effective upon Disability form is a general, durable power of attorney which is effective ONLY upon the principal's disability, incompetency or incapacity. You can use this form to appoint an attorney-in-fact (agent) to make decisions regarding property, financial, management, banking, business and other matters for you. The powers granted to an Agent in this Power of Attorney are very broad, but do NOT provide for health care services.

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How to fill out Connecticut Financial Power Of Attorney Form?

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FAQ

What Are the Legal Requirements of a Financial POA in Connecticut?Mental Capacity for Creating a POA.Notarization Requirement.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.More items...

Under Connecticut law, a power of attorney must be signed in front of two witnesses and notarized in order to be considered enforceable. Once executed in this manner, the powers are immediately effective unless the document states otherwise.

One must mention the following details on the Power of Attorney format PDF:The name of the principal.The name of the agent.Signature.Details and legal authorities provided to the agent.Other details depending on the Power of Attorney format for authorized signatories.

"How much does a Power of Attorney cost in Connecticut?" Connecticut law sets the fees that Notaries Public are allowed to charge for notarizations. As of now (March 2019), the fee for a notarization is $5.00 plus travel. The fee for travel depends on the distance, of course.

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You should only name someone in a POA if you have full, total and complete trust in the person because a POA is a very powerful document.

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Connecticut Financial Power Of Attorney Form