Financial Power Of Attorney Packet Page 6

ADVERTISEMENT

Signed: __________________________________________________
Principal
___________________________________________________
Agent
It is my desire and intention that this power of attorney shall not be affected by my
subsequent disability, incapacity, or mental incompetence. However, I understand that it
shall be revoked and the Agent's power canceled in the event a guardian is appointed for
my property. As long as no such guardian is appointed, any and all acts done by the
Agent pursuant to the powers conveyed herein during any period of my disability,
incapacity, or mental incompetence shall have the same force and effect as if I were not
disabled, incapacitated, or mentally incompetent.
I may, at any time, revoke this power of attorney, and it shall be canceled by my death.
Otherwise, unless a guardian is appointed for my property, this power of attorney shall be
deemed to be in full force and effect as to all persons, institutions, and organizations
which shall act in reliance thereon prior to the receipt of written revocation thereof signed
by me and prior to my death.
I do hereby ratify and confirm all acts whatsoever which my Agent shall do, or cause to
be done, in or about the premises, by virtue of this power of attorney.
All parties dealing in good faith with my Agent may fully rely upon the power of and
authority of my Agent to act for me on my behalf and in my name, and may accept and
rely on agreements and other instruments entered into or executed by the agent pursuant
to this power of attorney.
This instrument shall not be effective as a grant of powers to my Agent until my Agent
has executed the Acceptance of Appointment appearing at the end of this instrument.
This instrument shall remain effective until revocation by me or my death, whichever
occurs first.
Compensation of Agent. (Directions: Initial the line following your choice.)
1. My Agent shall receive no compensation for services rendered. _____
2. My Agent shall receive reasonable compensation for services rendered. _____
3. My Agent shall receive $____________ for services rendered. _____

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Legal
Go
Page of 9