Nationwide Power of Attorney
I. Introduction
This Nationwide Power of Attorney is made on [Date] by [Your Name], residing at [Your Company Address], hereinafter referred to as the "Principal".
II. Appointment of Attorney-in-Fact
The Principal hereby appoints [Agent's Name], residing at [Agent's Address], as their attorney-in-fact (hereinafter referred to as the "Agent"), to act on their behalf and in their name in all matters, including but not limited to financial affairs, as set forth herein.
III. Scope of Authority
The Agent is hereby granted full power and authority to act on behalf of the Principal in any legal matters, including but not limited to:
Financial Affairs: The Agent is authorized to manage, control, and conduct any financial transactions on behalf of the Principal, including but not limited to banking, investment, and tax matters. This includes the authority to:
Access bank accounts, withdraw funds, and deposit or transfer money.
Manage investments, including buying, selling, and trading securities.
Pay bills, debts, and expenses on behalf of the Principal.
File tax returns and represent the Principal before tax authorities.
Real Estate Transactions: The Agent is authorized to manage, buy, sell, lease, or otherwise deal with any real property owned by the Principal, including but not limited to:
Buying, selling, or leasing real estate.
Signing deeds, mortgages, or other legal documents related to real property.
Managing rental properties, including collecting rent and entering into leases.
Legal Proceedings: The Agent is authorized to initiate, defend, settle, or otherwise handle legal proceedings on behalf of the Principal, including but not limited to:
IV. Limitations
The Agent's authority shall not extend to the following matters:
Making gifts or donations on behalf of the Principal.
Making decisions regarding the Principal's relationships or healthcare.
Any actions or decisions that would constitute a conflict of interest with the best interests of the Principal.
V. Term and Revocation
This Nationwide Power of Attorney shall remain in effect indefinitely unless revoked by the Principal. The Principal reserves the right to revoke this Power of Attorney at any time by providing written notice to the Agent.
VI. Governing Law
This Nationwide Power of Attorney shall be governed by the laws of [Country], and any disputes arising hereunder shall be resolved by the laws of said jurisdiction.
IN WITNESS WHEREOF, the Principal has executed this Nationwide Power of Attorney on the date first above written.
Agreed and signed by [YOUR NAME], the Principal.
Date:
[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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