Durable Power Of Attorney Arizona Pdf

Once the document is signed and witnessed by a notary public the person selected may act in any financial decision on your behalf under the laws of arizona.

Durable power of attorney arizona pdf.

Arizona durable financial power of attorney form is a document that allows a person known as the principal to forward his or her decision making powers to someone else a person known as the agent for financial matters the form is especially useful in the event the principal is no longer able to make decisions for themselves due to mental instability. The power granted to the agent could be as simple as picking up mail or as involved as the handling of real estate transactions. The term durable means that if the principal should become incapacitated the form would remain in effect. Page 2 of 5 note.

Durable health care power of attorney updated 03 18 sec. Arizona power of attorney is a legal document that appoints a specific person to act as a legal proxy if an individual becomes incapacitated in some way. Durable power of attorney arizona form pdf assign a friend or family member to take the responsibility of handling all of your financials. For example if a person is hospitalized after a car accident this document allows his or her designated proxy to take over temporarily and administer their estate deal with bank accounts pay bills and even make medical decisions if required.

Also with a durable power of attorney if the principal becomes disabled or incapacitated the attorney in fact may continue acting as such despite the disability incapacity or the expiration date. Therefore it s recommended to have the agent be someone who the principal can trust and who. The agent need not be an attorney but should live in close enough proximity to the principal to perform necessary financial tasks if it becomes necessary. Office of the attorney general of arizona mark brnovich life care planning packet.

The arizona durable power of attorney form is used to choose a person to be an agent to manage the finances of the principal signatory. The arizona limited power of attorney form also known as the durable special power of attorney is a document that allows a person to choose a representative to handle specific financial matters on their behalf.