Utah Limited Power of Attorney to Deal with Oil and Gas Properties

State:
Multi-State
Control #:
US-OG-023
Format:
Word; 
Rich Text
Instant download

Description

This form of limited power of attorney grants the agent/attorney in fact powers to deal with oil and gas properties. It is not durable.
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How to fill out Limited Power Of Attorney To Deal With Oil And Gas Properties?

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FAQ

A general power of attorney allows another party to act as they see fit on your behalf concerning all your legal needs. By contrast, a limited power of attorney enables a chosen representative to act for a specific purpose.

No, in Utah, you do not need to notarize your will to make it legal. However, Utah allows you to make your will "self-proving" and you'll need to go to a notary if you want to do that. A self-proving will speeds up probate because the court can accept the will without contacting the witnesses who signed it.

In fact, Utah requires that a deceased's original will be filed with the county clerk and, if probate is necessary, presented to the probate court. If your family or executor can't find your original will, there's a presumption that you destroyed it with the intent to revoke it.

In Utah, estate planning includes two types of POAs, a financial POA and a health care POA. Examples of tasks a person granted an economic power of attorney can do for you include: Filing your taxes.

Executing a power of attorney under Utah law The power of attorney document must be signed by the principal before a notary public.

We recommend having a durable power of attorney for health care (aka an Advance Health Care Directive), a durable financial power of attorney, and a revocable living trust to ensure optimal management of your health as well as your assets. If you are not sure what you need, try taking our estate planning quiz.

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Utah Limited Power of Attorney to Deal with Oil and Gas Properties