GLADESVILLE POWER OF ATTORNEY
This Power of Attorney ("POA") is made on [Effective Date] by [Grantor's Full Name], residing at [Grantor's Address], (referred to as the "Grantor,") appointing [Agent's Full Name], residing at [Agent's Address], (referred to as the "Agent.")
I. IDENTIFICATION OF PARTIES
This POA is between [YOUR NAME], referred to as "Principal", having an address at [YOUR COMPANY ADDRESS]; and [AGENT'S NAME], referred to as "Agent", having an address at [AGENT'S ADDRESS].
II. SCOPE OF AUTHORITY
The Principal hereby grants the Agent the authority to act on their behalf in matters relating to financial, legal, and personal affairs within the locality of Gladesville.
III. EFFECTIVE DATE AND DURATION
This agreement comes into force once the Principal signs it and remains in effect until the Principal withdraws it or until the Principal's demise.
IV. REVOCATION CLAUSE
The Principal reserves the right to revoke this Agreement at any given time by providing a written notice to the Agent.
Revocation Clause:
The Principal holds the authority to revoke this Agreement at any time.
Revocation requires the Principal to issue a written notice to the Agent.
The revocation notice serves as the official termination of the Agreement.
Clause for Revocation:
The Principal maintains the privilege to revoke this Agreement at their discretion.
Revocation necessitates the Principal to furnish a written notice to the Agent.
The revocation process entails the formal cessation of the Agreement's validity.
Revocation Terms:
This Agreement may be revoked by the Principal at any point.
The revocation must be communicated to the Agent through written notice.
The revocation clause delineates the termination procedure for this Agreement.
V. SPECIFIC POWERS
By this Agreement, the Principal authorizes the Agent to handle matters related to:
Manage and conduct all banking transactions.
Buy, sell, lease, or manage real estate properties located within Gladesville.
Represent the Grantor in legal proceedings within Gladesville.
Make healthcare decisions under applicable laws.
Handle tax matters and file returns.
Manage investments and financial assets.
VI. INCAPACITY PROVISIONS
In the event of the Principal's incapacity, this Agreement will continue to remain in effect.
Continuation of Agreement: Despite the Principal's incapacity, the terms and conditions of this Agreement shall persist unchanged.
Representative Assignment: A designated representative may be appointed to act on behalf of the Principal during their incapacity.
Notification Requirement: Parties involved must promptly notify each other in case of the Principal's incapacity to ensure proper management of the Agreement.
VII. GOVERNING LAW
This Agreement is to be governed by and construed under the laws of [STATE], [COUNTRY].
VIII. MISCELLANEOUS PROVISIONS
The Agent shall act in the best interests of the Principal at all times.
The Agent shall keep accurate records of all transactions and activities undertaken on behalf of the Principal.
The Agent shall not delegate their powers without prior written consent from the Principal.
IX. ACCEPTANCE OF APPOINTMENT
Acknowledgment of 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 Agent
I, [ATTORNEY'S 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.
[ATTORNEY'S 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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