General Power of Attorney
KNOW ALL MEN BY THESE PRESENTS that I, [Your Full Name], of [Your Address], hereinafter referred to as the "Principal," being of sound mind and legal capacity, do hereby constitute and appoint [Agent’s Full Name], of [Agent's Address], hereinafter referred to as the "Agent" or "Attorney-in-Fact," to act on my behalf as follows:
ARTICLE I: GRANT OF GENERAL AUTHORITY
I hereby grant my Agent full power and authority to act in my name, place, and stead in any way which I myself could do, if I were personally present, to manage, control, and conduct all of my affairs as fully and effectively as I could do personally, without limitation. This authority includes, but is not limited to, the following:
Real Property Transactions: To buy, sell, lease, manage, and mortgage real estate, as well as execute deeds, contracts, and agreements related to real property.
Personal Property Transactions: To sell, buy, lease, or transfer any tangible personal property on my behalf.
Banking and Financial Matters: To manage my bank accounts, including opening, closing, and managing accounts; depositing and withdrawing funds; and negotiating any financial instruments, such as checks or notes, in my name.
Investment and Business Affairs: To buy, sell, trade, or otherwise deal in stocks, bonds, and other securities, and to manage any business entities in which I have an interest.
Tax Matters: To prepare, execute, and file tax returns of any kind, including federal, state, local, and foreign tax returns, and to represent me before any tax authority.
Claims and Litigation: To commence, prosecute, defend, or settle any claims or legal actions on my behalf.
Insurance: To obtain, pay premiums for, and make claims under insurance policies.
Gifts and Transfers: To make gifts or donations to any individuals or entities, within the limits of applicable laws, as my Agent deems appropriate.
Health Care Decisions: To make decisions regarding my health care, including providing or withholding consent for medical treatment, pursuant to any healthcare directive or living will I may have executed.
All Other Matters: To conduct any and all other lawful activities or transactions in my name.
ARTICLE II: LIMITATION OF POWERS
My Agent shall not have the power to:
Execute or revoke any will or codicil on my behalf.
Execute any affidavit or sworn statement on my behalf.
Change any beneficiary designation on any account, trust, insurance policy, or retirement plan.
Assign or delegate the powers granted herein to any third party without my written consent.
ARTICLE III: EFFECTIVE DATE AND DURATION
This General Power of Attorney shall become effective immediately upon the execution of this document. It shall remain in full force and effect until:
It is revoked by me in writing; or
My death or incapacity, unless it is otherwise a Durable Power of Attorney, in which case it shall continue notwithstanding my incapacity.
ARTICLE IV: REVOCATION
I may revoke this Power of Attorney at any time by providing written notice to my Agent. Such revocation shall take effect immediately upon my Agent's receipt of said notice. Any third party acting in reliance on this Power of Attorney prior to receipt of notice of revocation shall not be held liable for actions taken in good faith under this authority.
ARTICLE V: THIRD-PARTY RELIANCE
All third parties dealing with my Agent may rely fully on the powers granted herein and shall not be held accountable for verifying whether this Power of Attorney has been revoked or whether the authority conferred has been modified, unless they have actual notice of such changes.
ARTICLE VI: INDEMNIFICATION
I hereby agree to indemnify and hold harmless my Agent from any and all claims, damages, liabilities, and expenses, including reasonable attorneys' fees, arising from any lawful actions taken in good faith pursuant to this General Power of Attorney.
ARTICLE VII: GOVERNING LAW
This Power of Attorney shall be governed by and construed in accordance with the laws of the state of [State], and I agree that all legal proceedings arising out of this document shall be adjudicated in the appropriate court within that jurisdiction.
ARTICLE VIII: SEVERABILITY
If any provision of this Power of Attorney is found to be invalid or unenforceable by a court of competent jurisdiction, such invalidity or unenforceability shall not affect the other provisions of this document, which shall remain in full force and effect.
SIGNATURE AND ACKNOWLEDGEMENT
IN WITNESS WHEREOF, I have hereunto set my hand and seal this [Day] day of [Month, Year].
[Your Name]
Principal
WITNESSES:
[Full Name]
[Address]
[Full Name]
[Address]
NOTARY ACKNOWLEDGEMENT
State of [State]
County of [County]
On this [Day] day of [Month Year], before me, the undersigned notary public, personally appeared [Your Name], known to me to be the person whose name is subscribed to this instrument, and acknowledged that they executed it for the purposes therein contained.
IN WITNESS WHEREOF, I have hereunto set my hand and official seal.
[Notary Name]
Notary Public
My Commission Expires: [Month Day, Year]
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