Under a Pennsylvania financial power of attorney, you name a person who will have a fiduciary duty to you as your agent to handle any type of all your monetary related affairs on your behalf. You should also name an alternate in case your first choice can’t serve when needed, and both should reside close-by to handle things in person when needed. Your choice should…
Pennsylvania Power of Attorney Forms
Pennsylvania power of attorney documents basic use is to select another person, known as an ‘Agent’ or ‘Attorney-in-Fact’, to handle any type of medical or financial related activity as your representative. The important use for this form is that it may also be used if the person being represented, known as the ‘Principal’, becomes in a state of mind where they can no longer think competently. Whether the cause is an accident, an illness, or just advanced age, incapacitation can make a person unable to make monetary or health care choices for themselves.
Under Pennsylvania law (Title 20 Chapter 56 of the State Statutes), the form can only be created by filling in the document and signing with at least two (2) adults present and/or a notary public acknowledgment.
The Pennsylvania general power of attorney form allows for the designation and appointment of an individual to have unlimited rights to the financial representation of a principal. The document is exactly the same as the durable form except that this document does not remain valid if the principal should not be able to think for themselves any longer, known as ‘incapacitation’. The laws pertaining to…
Limited power of attorney allows a resident of Pennsylvania to select someone else to carry out a specific monetary related task for a single instance or for a specified amount of time. Once the act has been completed or at the form’s expiration date, the document becomes void. It may also end through a revocation form, incapacity or death on behalf of the principal. The…
The Health Care Power of Attorney, or Advance Directive, under which you name an individual, also known as your Agent, to make all health care decisions on your behalf only when you cannot do so for yourself. The Agent should share your views on what is appropriate health care, and can doggedly assert those values in the face of others who may hold dissimilar views….
Form is provided by the Pennsylvania Department of Revenue to allow a person to be able to select a tax professional to step in and file on their behalf. The person filing should be aware that any errors or mistakes made by the preparer is ultimately their liability. Therefore, the principal should take caution as to the person whom they choose and make sure the…