10
Nov
Maryland General Power of Attorney
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Life is unpredictable. Sometimes, situations can arise where a person’s mental or physical capacities leave him or her no longer able make decisions. In those cases, daily decisions must be left in the hands of another trusted person.
In less tragic cases, a person may unable to personally attend to a specific legal affair or piece of business, and wishes to have a designated representative handle the matter on his behalf.
In either case, a Power of Attorney document designates another person to handle the business, financial and legal affairs, either for a specific function or for overall day-to-day needs. This downloadable General Power of Attorney Form, usable in Maryland, authorizes your designated person, or Agent, to act on your behalf in a variety of different situations. Another type of Power of Attorney, called a Durable Power of Attorney, stays in effect even if the Grantor later becomes disabled or incapacitated – the Durable Power of Attorney form is also available on this site.
The package contains a i) General Power of Attorney Form, ii) simple instructions and a checklist, iii) as well as additional useful information about General Power of Attorney Forms. This General Power of Attorney form is for use in Maryland.
10
Nov
Maryland Durable Power of Attorney Effective upon Disability
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Durable Power of Attorney (Effective upon Disability) – Allows an individual (called the “Principal” or “Grantor”) to authorize someone else (called the “Attorney-in-fact” or “Agent”) to act on his or her behalf. This Durable Power of Attorney document becomes effective upon the disability or incapacity of the Grantor.
This form can be used in Maryland.
This package contains a (1) Durable Power of Attorney Form (Effective upon Disability); (2) simple instructions plus a checklist; and (3) additional useful information about Durable Power of Attorney Forms.
10
Nov
Maryland Durable Power of Attorney Effective Immediately
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Durable Power of Attorney (Effective Immediately) – Allows an individual (called the “Principal” or “Grantor”) to authorize someone else (called the “Attorney-in-fact” or “Agent”) to act on his or her behalf. This Durable Power of Attorney document becomes effective immediately upon signing and stays in effect even if the Principal later becomes incapacitated or disabled.
This particular Form becomes effective immediately and remains in full force and effect even if the Principal (i.e. the Grantor) later becomes incapacitated.
This packet includes:
(1) Instructions & Checklist for Durable Power of Attorney Effective Immediately
(2) Information for Durable Power of Attorney Effective Immediately
(3) Durable Power of Attorney Effective Immediately
State Law Compliance: Designed for use in Maryland.
Among others, this form includes the following provisions:
Principal’s and Agent’s name and address
Power to enter binding contracts on Principal’s behalf
Power to maintain, manage, and insure Principal’s property (including rental properties, businesses, bank accounts)
Power to make gifts and charitable contributions of Principal’s property
Witness signatures
Notary acknowledgment
