Los Angeles Power of Attorney
I. Introduction
[Your Name], of [Your Company Address], hereby appoint [Agent's Name], of [Agent's Address], as my attorney-in-fact to act in my name, place, and stead to handle my financial matters and transactions within the city of Los Angeles, County of Los Angeles, State of California, and elsewhere as required.
II. Scope of Authority
My attorney-in-fact shall have full authority to manage, control, and make decisions regarding all of my financial affairs, including but not limited to:
a. Banking and Accounts: Accessing, managing, and closing bank accounts, including checking, savings, and investment accounts.
b. Investments: Buying, selling, and trading stocks, bonds, mutual funds, and other investment instruments on my behalf.
c. Real Estate: Purchasing, selling, leasing, mortgaging, or otherwise dealing with real property owned by me, including properties situated in Los Angeles.
d. Bill Payments: Paying bills, expenses, and debts owed by me, including utilities, loans, and credit cards.
e. Insurance: Managing insurance policies, filing claims, and making decisions regarding coverage.
f. Taxes: Filing tax returns, representing me before tax authorities, and making tax-related decisions.
g. Legal Matters: Engaging legal counsel, signing legal documents, and representing me in legal proceedings related to my finances.
III. Duration of Authority
This Power of Attorney shall become effective immediately and shall remain in full force and effect until revoked by me in writing or upon my death.
IV. Agent's Duties and Responsibilities
My attorney-in-fact shall act in my best interests, exercise reasonable care, and keep accurate records of all transactions conducted on my behalf. They shall not commingle my assets with their own and shall refrain from any act of self-dealing or conflict of interest.
V. Third-Party Reliance
Any third party who receives a copy of this Power of Attorney may rely upon it as a valid representation of my wishes and the authority granted to my attorney-in-fact, without any obligation to inquire into the circumstances of its execution.
VI. Indemnification
I agree to indemnify and hold harmless my attorney-in-fact from any claims, liabilities, damages, or expenses arising out of their good faith actions or omissions performed under this Power of Attorney.
VII. Revocation
I reserve the right to revoke this Power of Attorney at any time by providing written notice to my attorney-in-fact and any relevant third parties.
In witness whereof, I have executed this Power of Attorney on [Date].
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 County of Los Angeles, State of California, [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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