PENNSYLVANIA POWER OF ATTORNEY
I, [Your Name] (hereinafter referred to as the "Principal"), residing at [Your Company Address], hereby appoint [Attorney's Name] (hereinafter referred to as my "Attorney-In-Fact") residing at [Attorney's Address], to act in my capacity to do every act that I may legally do, under the laws of the state of Pennsylvania.
I. SCOPE OF AUTHORITY
This POA grants the following authorization to the Agent:
I.I FINANCIAL POWERS
The Attorney-in-Fact appointed under this Power of Attorney shall have the authority to act on behalf of the Principal in all financial matters, including but not limited to:
a. Managing bank accounts, including making deposits, withdrawals, and transfers.
b. Paying bills, expenses, and debts on behalf of the Principal.
c. Buying, selling, or managing real estate, including executing contracts and deeds.
d. Managing investments, including buying, selling, and exchanging stocks, bonds, and other securities.
e. Filing taxes and representing the Principal before tax authorities.
f. Applying for government benefits and managing retirement accounts.
g. Operating and managing business interests owned by the Principal.
h. Accessing safe deposit boxes and retrieving contents as necessary.
i. Engaging in any other financial transactions or actions necessary for the well-being and interests of the Principal.
I.II LEGAL POWERS
The Attorney-in-Fact shall have the authority to represent the Principal in all legal matters, including but not limited to:
a. Initiating, defending, or settling legal actions or proceedings on behalf of the Principal.
b. Hiring and communicating with legal counsel.
c. Signing legal documents, contracts, agreements, and other legal instruments.
d. Accessing and obtaining legal records and documents.
e. Making decisions regarding legal matters affecting the Principal's interests.
f. Handling any legal affairs necessary for the management of the Principal's affairs.
I.III HEALTHCARE POWERS
The Attorney-in-Fact shall have the authority to make healthcare decisions on behalf of the Principal, including but not limited to:
a. Making decisions regarding medical treatment, surgery, and other healthcare procedures.
b. Consulting with healthcare providers and professionals regarding the Principal's care.
c. Accessing medical records and information concerning the Principal's health.
d. Making end-of-life decisions, including decisions regarding life-sustaining treatment and palliative care.
e. Consent to or refuse medical treatment on behalf of the Principal.
f. Execute healthcare directives or living wills on behalf of the Principal.
g. Making decisions regarding the Principal's admission to or discharge from medical facilities or long-term care facilities.
h. Any other healthcare decisions necessary to safeguard the health and well-being of the Principal.
II. EFFECTIVE DATE AND DURATION
This POA becomes effective on [EFFECTIVE DATE] and shall endure until [END DATE] unless revoked earlier as per Clause 3.
III. REVOCATION CLAUSE
I reserve the right to revoke this Power of Attorney at any time. Such revocation shall take effect immediately upon written notice of same to Agent.
a. The principal retains the authority to revoke this Power of Attorney at any given time.
b. Revocation of this Power of Attorney becomes effective immediately upon written notification to the designated Agent.
c. The principal reserves the right to revoke this Power of Attorney without any conditions or limitations.
d. Upon revocation, all powers previously granted to the Agent are null and void.
e. Written notice of revocation must be provided to the Agent to initiate the termination process.
IV. INCAPACITY PROVISIONS
Unless it has been explicitly specified otherwise, this Power of Attorney will continue to remain effective in the event of my incapacity, in my role as the Principal.
Continued Effectiveness: This Power of Attorney remains effective even in the event of the Principal's incapacity unless explicitly specified otherwise.
Principal's Incapacity: In the role of the Principal, if I become incapacitated, this Power of Attorney will persist unless stated otherwise.
Incapacity Provisions: Unless expressly stated otherwise, this Power of Attorney remains valid in the event of the Principal's incapacity.
Sustained Validity: In cases of the Principal's incapacity, this Power of Attorney maintains its effectiveness unless specified otherwise.
Uninterrupted Authority: The authority granted by this Power of Attorney endures in the event of the Principal's incapacity unless explicitly indicated otherwise.
V. GOVERNING LAW
This Power of Attorney is subject to regulation and has been formulated in compliance with the statutes and regulations of the State of Pennsylvania.
VI. MISCELLANEOUS PROVISIONS
Any other relevant details, specifications, or limitations should be listed here: [INSERT ADDITIONAL DETAILS/PROVISIONS]
IN WITNESS WHEREOF, I have signed my name on this [Effective Date].
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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