You'll also want to select an agent who is competent to handle financial matters and who can make other decisions on your behalf.Ī POA is an essential part of estate planning, even if you have a small estate. It's important that you have an agent you trust to take your place should you be unable to make decisions. The event that triggers or activates the springing POA is your being declared incompetent or unable to make sound decisions. Including a power of attorney (POA) in your estate plan is important during your lifetime.Ī springing POA is a document that doesn't take effect immediately but rather “springs" into action should you be declared incompetent, unable to make your own decisions, or unable to take care of your financial needs.Ĭonsidering a springing power of attorneyĪ POA allows someone, known as your agent or attorney-in-fact, to act on your behalf when you're not available, when you want them to act for you, or, in some cases, when you're not of sound mind. Vehicle Power of Attorney – Using this form, a person can appoint another to handle matters with the Department of Transportation in Pennsylvania as it relates to titling and registering vehicles.Estate planning includes different types of documents, each of which serves a specific purpose. Signing Requirements: Principal only, unless the representative is not an attorney, certified accountant, or enrolled agent, in which case two (2) witnesses or a notary public must acknowledge signature. Tax Power of Attorney (Form REV 677) – Using this you can appoint another, usually a tax professional, to handle tax filings and other matters in front of the Pennsylvania Department of Revenue. Revocation of Power of Attorney – Using this form, you can revoke a power of attorney that you may have signed in the past. Signing Requirements: Not specifically mentioned. Minor Child Power of Attorney – Using this form, a person can convey authority to another to be the temporary caretaker of their minor child(ren) and make decisions on the children’s behalf. In addition to the witnesses, notarization is optional but not required. Signing Requirements ( § 5452 and § 5471): Two (2) witnesses. Medical Power of Attorney – Using this form a person can appoint another to work with their health care providers to make medical decisions on their behalf in the event they are unable to do so. Limited Power of Attorney – Using his form, a person who needs someone for a short-term or limited assignment, can appoint someone to stand in their place, just for that one assignment. General (Financial) Power of Attorney– Using this form a person may appoint a friend or relative to handle his or her financial affairs, however, unlike the durable type, it becomes void if the person creating the document becomes incapacitated. Signing Requirements ( § 5601(b)(3)): Two (2) witnesses and a notary public. This form can go into effect upon a person’s incapacity and it will remain in effect thereafter. By Type (8)ĭurable (Financial) Power of Attorney – Using this form, a person may plan to have a friend or relative available to make financial decisions on his or her behalf. No matter the form that is completed, once signed it may be used immediately. The person giving power (“principal”) will assign the specific power to their representative (“agent”) and also enter whether the duration has an end date or lasts the rest of their life. Pennsylvania power of attorney forms can be used to select a person to handle medical decisions, financial affairs, or other tasks on your behalf.
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