Rhode Island power of attorney forms are legal documents that assist in electing an individual, known as the ‘Agent’ or ‘Attorney in Fact’, to make monetary and health care related decisions on the your behalf. On of the main uses for this form is that it can be made durable, meaning it can remain in effect if you should become mentally incompetent. Incapacitation by advanced age, dementia or by an accident is common among senior citizens. Therefore, signing either the durable financial or health care power of attorney documents will guarantee that your future requests will be made even if you can no longer speak for yourself.
Under Rhode Island power of attorney law (Financial is Chapter 18-16, Medical is Chapter 23-4.10) all documents must be signed with at least two (2) witnesses or a notary public in order to become valid.
Through a Rhode Island financial power of attorney, you name an individual, known as the attorney in fact, to manage your monetary and business affairs. With a “Durable” financial power of attorney as you may create with this document, it becomes active immediately. Alternatively, via a “Springing” durable financial power of attorney, the representative only begins his or her task if and when you do…
Select an agent to handle all your financial, business, and investment affairs while you are mentally competent. The person you select is legally referred to as an ‘Agent’ or ‘Attorney in Fact’, and the responsibilities granted in the form allow for the unrestricted financial representation on your behalf. The agent may not be compensated or benefit from any decision made. Unlike the durable version, this…
Form allows for a principal to describe in writing what types of power he or she would like to grant to another person. The representation must be monetary related and may pertain to any business, asset, or investment on your behalf. Limited power of attorney documents in Rhode Island terminate one of the following ways; When completion of the objective by the selected agent is…
Form created from the State statute 23-4.10-2 which is known as the durable power of attorney for health care, where you name an agent to make all medical care decisions if you can no longer do so. The usual choices are your spouse, a close friend or relative. In Rhode Island, unless they are related to you, you cannot chose a medical professional involved in your treatment or…
The tax power of attorney form, known as RI-2848, allows for a person seeking to file their taxes with the Division of Taxation to elect a professional to handle the filing on their behalf. Like all other documents in the State, the form must be either notarized or signed with two individuals present.
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