The Massachusetts Durable Financial Power of Attorney that allows a person you select to have the full power and rights to handle any type of monetary related action or decision on your behalf. The document can be written so as to empower your Attorney-In-Fact to take the reins immediately. If so, according to State law it needs to be specified as a “Durable” Financial Power…
Massachusetts Power of Attorney Forms
Massachusetts power of attorney forms are used mainly because for many people, sickness, advanced age, or an accident can lead to a temporary or permanent state of mental instability. Therefore your finances will still need to be attended too, and the need to make forceful decisions about the course of your health care will now need guidance. This is why it’s important to take a few simple steps and designate someone whom you trust to make these decisions on your behalf. Through a Massachusetts Financial Power of Attorney, you can name an Attorney-In-Fact to assume control of your financial affairs when and if it becomes necessary. You can also make your wishes known for the conduct of our health care through two documents: the Health care Proxy and the Document Directing Health Care.
All documents must be made in accordance with the Massachusetts Probate Code which calls for all documents to be signed with at least two (2) witnesses or a notary public (unless stated otherwise).
The Massachusetts general financial power of attorney form is just like the ‘Durable‘ except that this document does not allow for the use if the Principal, or person being represented, becomes incapacitated. This is determined by a licensed medical doctor diagnosing an adult as not being able to think for themselves with a clear mind. Due to this restriction, this form is popular amongst business…
The Massachusetts limited financial power of attorney form is mainly used for real estate transactions when hiring an attorney, but can be anyone as desired, to handle the closing on your behalf. The document allows a person to choose another, hereinafter referred to as the ‘Agent’, to handle a specific financial decision or activity in your best interests. The agent selected may act on your…
Under a Power of Attorney, which in Massachusetts is known as a Health care Proxy, you name the person, known as your Agent, that you designate to make medical decisions for you when you cannot due to mental incapacity. The most common choices for the Agent are a close friend, relative(s) or your spouse. By law, your Agent can’t be anyone professionally involved in either…
The Massachusetts tax power of attorney, also referred to as Form M-2848, allows a resident to have representation through an accountant or other qualified person for filing with the Department of Revenue. Unlike other power of attorney documents in the State this does not need to be witnessed or be subject to a notary public upon signing Laws AP 614: Power of Attorney