ARIZONA POWER OF ATTORNEY
I, [YOUR NAME], of [YOUR COMPANY ADDRESS], do hereby appoint [AGENT NAME], of [AGENT ADDRESS], County of [AGENT COUNTY], State of ARIZONA, as my Attorney-in-Fact (hereinafter "Agent").
Principal: [YOUR NAME]
Agent: [AGENT'S NAME]
I. Springing Authority
This Power of Attorney shall only become effective upon the incapacity of the Principal, as determined by a qualified medical professional. The Agent's authority to act on behalf of the Principal shall arise solely upon the occurrence of this specific event.
II. Scope of Authority
The Agent is hereby granted authority to act on behalf of the Principal in all matters relating to legal, financial, and healthcare decisions. Specific powers granted to the Agent include, but are not limited to:
Managing and controlling the Principal's financial accounts, including banking, investments, and real estate transactions.
Making healthcare decisions, including consenting to or refusing medical treatments and procedures.
Signing legal documents, contracts, and agreements on behalf of the Principal.
III. Duration and Revocation
This Power of Attorney shall remain in effect until revoked by the Principal or upon the Principal's recovery from incapacity. The Principal reserves the right to revoke this Power of Attorney at any time before its activation, by providing written notice to the Agent and any relevant third parties.
IV. Incapacity Provisions
Incapacity shall be determined by a licensed healthcare provider who can certify that the Principal is unable to make decisions regarding their affairs due to physical or mental impairment. Upon such determination, the Agent shall assume authority to act on behalf of the Principal.
V. Governing Law
The understanding, interpretation, and usage of this Power of Attorney must comply with the established legal standards and guidelines of the State of Arizona which are stated below:
In Arizona, the legal standards and guidelines for powers of attorney are outlined in the Arizona Revised Statutes (A.R.S.), specifically Title 14, Chapter 5, which covers "Trusts, Estates, and Protective Proceedings."
The relevant sections of the Arizona Revised Statutes that pertain to powers of attorney include:
A.R.S. 14-5501 et seq.: Uniform Power of Attorney Act
A.R.S. 14-5504: Statutory form power of attorney
A.R.S. 14-5505: Authority that requires specific grant
A.R.S. 14-5506: Reliance on power of attorney
A.R.S. 14-5507: Authority that requires specific grant
These statutes provide guidelines for the creation, execution, interpretation, and enforcement of powers of attorney in Arizona. They specify the requirements for creating a valid power of attorney, the powers and limitations of agents, procedures for revocation, and other relevant provisions.
Additionally, legal standards and guidelines for powers of attorney in Arizona may also be influenced by case law, court decisions, and common legal practices. It's essential for individuals creating powers of attorney to familiarize themselves with the relevant laws and seek legal advice if needed to ensure compliance and effectiveness.
VI. Miscellaneous Provisions
Any powers or authorities not specifically granted herein shall be reserved to the Principal.
This Power of Attorney may be executed in counterparts, each of which shall be deemed an original and all of which together shall constitute one instrument.
VII. Signatures and Notary
ACKNOWLEDGEMENT OF THE PRINCIPAL
This Power of Attorney shall be effective immediately upon my signature and shall remain valid until my explicit and written revocation.
[YOUR NAME]
[DATE]
ACCEPTANCE OF THE AGENT
I, [AGENT NAME], acknowledge that I have read and understood the terms and responsibilities outlined in this Power of Attorney document. I accept the appointment as Agent and agree to act under the instructions and limitations provided herein.
[AGENT'S NAME]
[DATE]
WITNESS ACKNOWLEDGEMENT
We, the undersigned witnesses, hereby acknowledge that the above-named Principal has signed this Power of Attorney in our presence on the date stated above.
Witness 1:
[Witness 1 full name]
[Date]
Witness 2:
[Witness 2 full name]
[Date]
NOTARY ACKNOWLEDGEMENT
On this day of in the year , before me, a Notary Public in and for said County and State, personally appeared [Your Name], known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged that they executed the same for the purposes therein contained.
Witness my hand and official seal.
[Notary Public's Name]
My Commission Expires:
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