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The power of attorney must be holographic (i.e. handwritten in full, and dated and signed by the donor) or be officially recorded by a notary. The form of the power of attorney is the same as for a will.If the person cannot write it themselves, it must be drafted and certified by a notary.
Generally, the document must be signed, witnessed and notarized by an adult. If your agent will have to deal with real estate assets, some states require you to put the document on file in the local land records office. The power of attorney for finances is typically extinguished upon death, revocation, or divorce.
You can draft a durable power of attorney by writing out or typing the document, which should include the date, your full name, and speech that clearly identifies the document as a durable power of attorney that applies even in the case of your incapacitation.
Your name, address, and signature as the principal. The name, address, and signature of your Agent. The activities and properties under the Agent's authority. The start and termination dates of the Agent's powers. Any compensation you will give to the Agent.
The requirements for a valid durable power of attorney in Mississippi are: Created by an adult or emancipated minor.Signed by two adult witnesses, at least one of whom isn't related to principal OR acknowledged by a notary public. Specifically authorizes the agent to make health care decisions.
Setting up a lasting power of attorney Contact the Office of the Public Guardian to get the relevant forms and an information pack. You can download the forms or fill them out online. You can fill out the forms yourself, or with the help of a solicitor or local advice agency.
Draft a list of special powers. Decide what powers are springing. Pick an agent and a successor agent. Note the expiration date. Compile the information into one document. Execute the power of attorney letter.
Most states offer simple forms to help you create a power of attorney for finances. Generally, the document must be signed, witnessed and notarized by an adult. If your agent will have to deal with real estate assets, some states require you to put the document on file in the local land records office.