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In Arizona, you may use this template to create a general power of attorney. If you want someone else to represent your financial interests in Arizona, you'll need to get an Arizona general power of attorney (GPOA). In contrast to the durable version, a GPOA cannot be utilized if the principal is rendered unable to function. Company partners commonly utilize the general power of attorney (GPOA) to delegate power to one another to act on their behalf when the company's principals are unable to act.
Statutes to uphold
– Powers of Attorney (§§ 14-5501 — 14-5507)
Requirements needed for Signing the documents-
One (1) Witness and Notary Public are required to
sign the Powers of Attorney (A.R.S. 14-5501 – 14-5507)
1. The Arizona General Power of Attorney form should be downloaded.
Conversely, you can use our power of attorney creator to make a custom power of attorney that’ll fit your specific situation.
2. You should select the kind of Power of Attorney to be granted
Item 1 demands that the principal identify their preferred document type by selecting one of the options from the checkboxes at the top of the page. Select either "General Durable Power of Attorney..." or "General Regular Power of Attorney..." from the drop-down box that appears.
3. The Attorney-in-fact and the Principal should be properly defined
Information about the Principal and the attorney who secured Principal Authority may be found in Item 2 of the agreement. For starters, the first row of this section must contain the Principal's name, address, and any other identifying information he or she wants to provide, such as the city, state, zip code, and date of birth, among other things.
The information required by the "agent/attorney in fact" will be the same as that required by the "principal." First and foremost, provide the name of the agent or attorney-in-fact. The city, state, and zip code of this Agent's residence should be provided in the appropriate fields if he or she has a residential address. In the last column, provide the Agent's birthdate (in years).
4 – Highlight the sections that define the Attorney-In-primary Fact's authority.
This section will include a definition of the authority that has been granted. Each of these choices may be chosen by placing a tick in the appropriate box.
If the Principal wishes to delegate authority over his or her funds to the Attorney-in-Fact, he or she should mark Item "a" on the form ("Personal Finance").
If the Principal intends to surrender authority over his or her property to the Attorney-in-Fact, then item "b" should be checked off the list.
"c" (Personal Property) is essential if you wish to provide your Attorney the authority to deal with your Principal's assets on his or her behalf.
If the Principal wishes to delegate authority over the Principal's business dealings to the Attorney-in-Fact, the Principal should indicate this with a "d." (Business Transactions).
Since the Attorney-in-Fact has the authority "to perform and complete all acts required," the letter "e" should be allocated to this attribute.
5. Giving the Power of Attorney a Time frame of how long the process will take.
As a result of this provision, the Principal must specify the duration of time during which he or she will maintain the attorney-in-fact and powerful knowledge and authority. Alternatively, you may complete this process by ticking the relevant box and then entering the required information.
Select "General Regular Power of Attorney" from the drop-down option if you want to designate a specific period for the appointment. Because of this selection, a date range will need to be supplied in the "Effective Date" part of the form.
Choosing "General Durable Authority of Attorney" is appropriate if the Principal desires the Agent to have power until this document is terminated or the Principal passes away. Simply enter the "Effective Date" of the authority in the "Start Date" part of the form.
6 – Confirming the Purpose of the Investigation or Intention of the principal
Signing this document by the Principal, as well as a Witness and a Notary Public, is required.
It shall be reiterated in a paragraph on the next page that the Principal's objective for this paper is. Look for the part titled "For Principal" and read it. On the first line of the form, the Principal's full name must be written out in capital letters. Afterward, the month and year in which the document was signed must be recorded on the following blank line, as well as the signature. Following this paragraph, the Principal must sign his or her name on the "Principal" Signature Line, which is located below the text.
Once you've discovered "For Witness," enter the phrase into your search engine of choice. You must fill in the blank area provided in this paragraph with the name of the person who saw the Principal sign the paper on their behalf. In addition, the "Witness" line must be signed by the individual who is being mentioned.
Next, to ensure that the document is valid, the Notary will complete the remaining portions of the paper and add their state seal.