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Alaska power of attorney documents are legal instruments that allow an individual or organization to appoint an agent to handle various matters on their behalf. There are multiple types of power of attorney with each one having its own focus. Most of them require the principal to sign in the presence of witnesses or a notary public. In many cases, the appointed agent must sign as well. Below, you’ll find more information about the types of POA available.
Advance Directive Form – This legal document allows an individual to appoint an agent that will handle medical-related choices for them. It usually goes into effect when the principal has been incapacitated or deemed incompetent. AS 13.52.010(b) requires the principal to sign in the presence of two witnesses or a notary public.
Durable (Statutory) Power of Attorney Form – The durable power of attorney allows the principal to give the agent a wide range of authority. This authority remains in effect even if the principal becomes incapacitated or deemed incompetent.
General Financial Power of Attorney Form– The general power of attorney is similar to the durable power of attorney. The major difference is that when the principal becomes incapacitated or unable to make decisions themselves, the power of attorney ceases to be valid.
Limited Financial Power of Attorney Form– a limited POA is a document that allows a principal to grant an agent authority over a specific activity or responsibility. The powers are narrow and it often expires after the duties have been carried out.
Minor/Child Power of Attorney Form – This document gives an agent temporary custody over a child so that they can cater to the needs of that child. It is not a transfer of guardianship or adoption. If it exceeds six months to a year, this power of attorney expires. If you wish for a longer custody arrangement, you may need to seek temporary guardianship.
Real Estate Power of Attorney Form – As the name implies, this is a document that gives the agent authority over the landed property of the principal. Depending on what you’re trying to accomplish, the agent can do everything from buying real estate to leasing it out to tenants.
Power of Attorney Revocation Form – To abandon a progressing power of attorney form, you will be required to fill this form.
DMV (Motor Vehicle) Power of Attorney (Form 847) – This type of power of attorney is used when a principal needs to register a vehicle but isn’t physically present. It should be filled out and submitted to the DMV for approval. I can also be used to purchase or sell a vehicle.