Statutory General Power of Attorney - Kentucky
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FAQ
General Power of Attorney. Durable Power of Attorney. Special or Limited Power of Attorney. Springing Durable Power of Attorney.
Just as under the present law, a power of attorney is not required by the new law to be recorded, unless it is being use to convey, release or transfer any interest in real estate.
A power of attorney (or POA) is a legal document that grants a person or organization the legal authority to act on another's behalf and make certain decisions for them.A power of attorney needs to be signed in front of a licensed notary public in order to be legally binding.
In many states, notarization is required by law to make the durable power of attorney valid. But even where law doesn't require it, custom usually does. A durable power of attorney that isn't notarized may not be accepted by people with whom your attorney-in-fact tries to deal.
Kentucky Power of Attorney allow individuals to appoint third parties to act as their representatives.All power of attorney documents in relation to financial or medical matters must be signed with at least two (2) witnesses or be notarized.
Generally, a power of attorney allows you to designate an agent to perform specific functions on your behalf. Under the Texas Estates Code, statutory durable power of attorney can be used to appoint an agent to make certain financial decisions for you should you be unable to do so.
The Kentucky POA document must list the: full contact information and signature of the principal. name and contact information of the agent(s) date the agreement is made. powers granted. A notary public must be present and acknowledge the principal's signature.
A statutory power of attorney is a power of attorney that copies the language in a state statute. The provisions of the Statutory Power of Attorney are provided by the laws of the particular state. It also includes an example of a form that may be used.