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GENERAL DURABLE POWER OF ATTORNEY STATE OF MISSISSIPPI COUNTY OF ___ KNOW ALL MEN BY THESE PRESENTS: That I, ___ of ___ County, ___, being of sound mind and memory, do hereby make, constitute and

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FAQ

Does a power of attorney have to be notarized in Mississippi?

Go to a notary public to have the document notarized. Sign the power of attorney in the presence of two witnesses. ... While it is not necessary to have a power of attorney notarized under Mississippi law, doing so will preclude legal challenges later on if any discrepancy arises as to whether the document is valid.

Do you have to file a power of attorney at the courthouse?

Power of attorney requirements vary by state, but typically are signed by the principal and need to be witnessed and/or acknowledged before a notary public. Usually, powers of attorney do not need to be recorded. However, powers of attorney dealing with the sale and purchase of real estate must be recorded.

Where do you go to file a power of attorney?

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.

How much does it cost to file a power of attorney?

How much does a POA cost and are there assistance options available to create one? A power of attorney can be created without legal assistance and almost free of charge. In fact, one can find a free POA form online and simply print it and fill it out. One can also have a POA created online for as little as $35.

What Does power of attorney allow you to do?

About the Power of Attorney. ... A Power of Attorney might be used to allow another person to sign a contract for the Principal. It can be used to give another person the authority to make health care decisions, do financial transactions, or sign legal documents that the Principal cannot do for one reason or another.

Is a durable power of attorney the same as a financial power of attorney?

There are two kinds of durable powers of attorney: a durable power of attorney for finances lets you name someone to manage your financial affairs if you become incapacitated, and a durable power of attorney for health care allows someone to make medical decisions for you if you are no longer able to speak for yourself ...

What is a financial power of attorney?

The durable financial power of attorney is simply a way to allow someone else to manage your finances in the event that you become incapacitated and are unable to make those decisions yourself. ... More precisely, it grants someone legal authority to act on your behalf for financial issues.

Do I need a financial power of attorney?

Why Do I Need A Financial Power Of Attorney? The most common need for a power of attorney is potential incapacity. If you are incapacitated and cannot pay your bills or deal with your personal affairs, you need someone to take care of those tasks to transact in your name.

How do you revoke a power of attorney in Mississippi?

1 – Open This Form To Fill Out The Revocation Paperwork Required. ... 2 – Classify The Authority Being Revoked. ... 3 – Identify The Revoking Principal. ... 4 – Detail The Authority Being Revoked. ... 5 – Name The Agent(s) Being Terminated. ... 6 – The Principal Must Date And Sign This Revocation. ... 7 – The Notary Public Section.

How do I revoke a power of attorney?

Find a format to follow so you can write a notice revoking your POA. ... Complete the revocation form. ... Take the completed form and two witnesses to a notary public. ... Write the word “revoked” in large, dark letters on your power of attorney.

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