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Illinois Co-Agent's Certification And Acceptance Of Authority

State:
Illinois
Control #:
IL-P003G
Format:
Word; 
Rich Text
Instant download

Description

This form is used by a successor agent named in a power of attorney to take over duties of agent from the previous agent.

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FAQ

After the principal's name, write by and then sign your own name. Under or after the signature line, indicate your status as POA by including any of the following identifiers: as POA, as Agent, as Attorney in Fact or as Power of Attorney.

After the principal's name, write by and then sign your own name. Under or after the signature line, indicate your status as POA by including any of the following identifiers: as POA, as Agent, as Attorney in Fact or as Power of Attorney.

Signature Requirements In all states, the principal must sign the document and have it notarized. Some states also mandate two witnesses to the signature. As of 2018, some 23 states have adopted the Uniform Power of Attorney Act, which requires neither witnesses nor the agent's signature.

The person you give the power of attorney to is the agent and you are the principal. The agent is usually a spouse, a close friend, or a trusted relative. The document does not have to be notarized.

It is governed by the Illinois Power of Attorney Act.He or she must also act in accordance with the law and with the directions in this form. Your agent must keep a record of all receipts, disbursements, and significant actions taken as your agent.

1A designation of an agent and a written description of their powers.2A properly signed power of attorney document (signed by the principal)3A properly witnessed and signed power of attorney document (by an individual at least 18 years old)All About the Illinois Power of Attorney Act - M&A Law Firm\nmalawillinois.com > lawyer > 2019/07/30 > Estate-Planning > All-About-th...

The person you give the power of attorney to is the agent and you are the principal. The agent is usually a spouse, a close friend, or a trusted relative. The document does not have to be notarized.

Most states do not require a POA to be in writing in order to be effective, except in specific cases established by statute.As a result, most POAs can be executed electronically with or without authorization under the eCommerce laws, since there is no writing or signature requirement to begin with.

The Illinois POA document must list the: full contact information and signature of the principal. name of the agent(s) The power of attorney document must be signed by a notary public. Two witnesses must be present when notarizing and signing a power of attorney form.

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Illinois Co-Agent's Certification And Acceptance Of Authority