Durable Power of Attorney Form
A durable power of attorney form is a legal agreement made between two people that grants one person the authority to act on behalf of the other. If you sign this agreement and give someone power of attorney, they will be able to make financial and legal decisions in your place, even in the case that you become mentally unfit to make decisions for yourself.
Entering into a durable power of attorney agreement is a smart way to protect yourself and your interests in the event that you become incapacitated.
Creating a durable power of attorney form is easy at online-application.org. Thanks to our one-click form building tool, you can generate your durable power of attorney form, fill it out, and print it in minutes. Create your power of attorney form now and make sure you, your assets, and your loved ones are protected no matter what happens.
What is a Durable Power of Attorney Form?
A durable power of attorney form is a power of attorney form that is not nullified in the case that you become mentally unfit to make decisions.
By contrast, a normal power of attorney agreement would cease in the case of your incapacitation (for example, if you fell into a coma). A durable power of attorney agreement allows your attorney-in-fact to continue to manage your affairs if you are deemed mentally unfit to do so.
NOTE: Being mentally unfit means that you don’t have the mental capacity to make decisions or that you are unable to communicate. This could occur as a result of a disease, such as Alzheimer’s, or a sudden accident.
Durable power of attorney forms go by several different names. If you’ve been told you need any of the following forms, the durable power of attorney form from online-application.org will be exactly what you need.
- General Power of Attorney
- Limited Power of Attorney
- Springing Power of Attorney
- Durable Power of Attorney
- Durable Financial Power of Attorney
When do You Need a Durable Power of Attorney Form?
It is always a good idea to have someone you trust ready to handle your affairs if something unexpected happens. If any of the following situations apply to you, it is highly recommended that you sign a durable power of attorney form.
- You own property: Your lease agreements, mortgage, insurance payments, and more will all need to be kept up to date even if you are unable to do so.
- You own stock or other assets: Letting any volatile assets stagnate could be disastrous to your finances. Appointing someone qualified to act in your interest is essential.
- You have insurance: Making payments and collecting insurance benefits is critical for your and your family’s well being, but if you are unable to do so, it will be very difficult to manage your coverage.
- You are a business owner: Appointing an attorney-in-fact who understands your business and acts in your interest will protect everything you’ve worked so hard to build.
- You are a senior citizen: As you age, you become more at risk of disease and accidents such as falls. Make sure someone is there to protect you when you can’t protect yourself.
- You have a history of mental illness: If there’s a chance you may become mentally unable to make decisions, you must name someone you trust to speak on your behalf.
- You work in a high-risk environment: Accidents happen. If you have one, you need to know that you’ll come out the other side without facing financial ruin.
- You are single and have no adult children: If something happens to you, your attorney-in-fact will continue to pay your taxes, pay your mortgage or rent, maintain your bank accounts, apply for government benefits, and many other things that need frequent attention.
- Your family is unable to manage your affairs: When your assets are in the hands of your family, people that they think they can trust may give them bad advice (for example, selling a piece of property for a low price to pay your bills). Your attorney-in-fact will protect your family from these predators.
Protecting yourself and your loved ones from the financial fallout of an accident or disease is one of the most important things in life. With online-application.org’s simple form-filling tool, you can create a durable power of attorney form, complete it, and print it in minutes. With just one form, you can provide yourself and your family with all of the above protections and more.
Creating a Durable Power of Attorney Form at online-application.org
Hiring the services of a lawyer and creating your own durable power of attorney form can cost thousands of dollars and take weeks of time.
At online-application.org, you can create a customized durable power of attorney form with all of the information you need for free.
Just follow these simple steps:
- Select you state and click “create form” at the top of this page
- Add your personal details
- Click the powers you’d like to grant to your attorney-in-fact
- Generate your form and print
Creating your durable power of attorney form at online-application.org is safe, easy, and takes minutes.
Once you’ve printed your form, you will need to choose an attorney-in-fact that you trust. You may want to generate multiple forms and appoint a few different attorneys-in-fact (one person to handle your personal finances and another to manage your business affairs, for example).
Once you’ve selected your attorney(s)-in-fact, all you need to do is sign the durable power of attorney form in the presence of a notary public and you and your loved ones will be protected and honestly represented for the rest of your life (or until you choose to nullify the power of attorney agreement).