Alabama Durable Financial Power Of Attorney Form is a legal instrument intended to provide authorization to an agent to act on your behalf as if you are acting in line with the directives prescribed in Alabama Uniform Power of Attorney Act, Chapter 1A, Title 26, Code of Alabama 1975.
The term Durable in the title of the power of attorney indicates that this instrument remains in force even in the case of your incapacitation, disability, or death. Therefore, select your agent carefully to avoid complications. You may decide to execute this power of attorney immediately or on a future date mentioned in it. You must select the powers to allot by signing before each power you wish to grant. Notarization of your signature before the Notary Public of Alabama State is mandatory. Signing and issuing such power of attorney is a definitive way of proper estate planning.
Remember before signing the Alabama Durable Financial Power of Attorney Form
- Read this legal document carefully to understand the nature and consequences of provisions in it.
- You may appoint up to two successor agents using this form.
- You may choose to grant general authority or specific powers to the appointed agent using the provision in this form.
- You may provide additional special instructions to enhance or limit the powers granted to an agent or successor agent/s using this power of attorney form.
- Read the clauses and provisions related to the termination of the power of attorney carefully before signing and executing this legal document.
Designation of Agent
Enter your name followed by agent’s name, address, and phone number in the foremost portion of Alabama Durable Power Of Attorney Form. Optionally you may enter name/s, address/es, and phone number/s of successor agent/s on the next lines to appoint them.
Grant of General Authority
Your signature in this portion of the power of attorney form declares the grant of general authority to handle all affairs. However, you can issue specific powers by signing with initials in front of each power mentioned in Section 26–1A–204 through 26–1A–217.
Grant of Specific Authority
Optionally, you can grant specific authority by signing with initials in front of each specific authority mentioned in this section of Alabama Durable Power Of Attorney Form. Select specific authorities from the choice of 7 listed.
Use the space allocated in the Special Instructions section of power of attorney to enhance or restrict the scope of granted powers. Mention any condition important for execution of this legal document.
Mention the date of execution of power of attorney in case you do now want immediate execution of the same upon signing before the Notary Public of Alabama State.
Nomination of Conservator or Guardian
Use this section of the power of attorney to nominate conservator/guardian for estate or person. Type the name, address, and phone number of the nominee for estate and person on the respective lines.
Signature and Acknowledgment
Sign on the foremost line in this section. Insert date, your printed name, address, phone number, name of the State, and county name on the respective lines. The last portion of Alabama Durable Power Of Attorney Form has blank spaces for inputs by the Notary Public of Alabama State for notarization.