A durable power of attorney in Pennsylvania lets someone handle your money if you can’t.
Discover how to get a financial power of attorney in Pennsylvania with this comprehensive guide.
Learn the steps to appoint an agent and manage your finances effectively.
What Kinds of Powers of Attorney Can You Get in Pennsylvania?
In Florida, you can make two types of POAs:
- A power of attorney for finances lets someone handle your money and business matters.
- A power of attorney for health care allows someone to make medical decisions for you.
These POAs stay effective even if you can’t make decisions.
It’s a good idea to have these documents in case of unexpected events.
What Legal Requirements Does a Financial POA in Pennsylvania Have?
To make sure your power of attorney (POA) is valid in Pennsylvania, it needs to meet these rules:
- Mental Capacity: The person making the POA must be able to understand what they’re doing. They should know the authority they’re giving, which assets are covered, and the information and warnings in the POA. If you’re not sure, ask an estate planning lawyer.
- Statutory Language: The POA must include certain notices. Using a good software or a local lawyer should include these notices automatically.
- Witnessing and Notarizing: The POA must be witnessed by two people who are not named as agents and signed in front of a notary public. The witnesses must be over 18 and cannot be someone signing for the person making the document, an agent named in the POA, or the notary public.