Indiana power of attorney forms

Indiana power of attorney forms permits a person to appoint someone to act on their behalf in matters such as finances, health care, underaged children, and any other specific arrangement. The agent's only requirement is that s/he be over the age of eighteen years old and be selected by a person who can be trusted by the individual designating authority. A power of attorney form has to be executed in line with state legislation to be valid.

Indiana power of attorney template

Indiana power of attorney forms

10 Types of Indiana Power of Attorney Forms

Advance Directive - An advance directive is a legal document that combines a living will with a medical power of attorney. The principal is able to put their end-of-life treatment choices in writing and appoint an agent to see that their enforced or make choices that may not be covered by the living will. 

Durable Financial Power of Attorney - To select a representative or "delegate" to exert authority over an individual's finances, an Indiana durable power of attorney form can be employed. If chosen, the delegate will have complete authority to do whatever they want in terms of making business choices for the principal. The word "durable" refers to the fact that the form will remain valid even if the principal being represented becomes debilitated. As a result, the delegate must be a trustworthy person.  

General (Financial) Power of Attorney - The Indiana General Power of Attorney Form transfers power to another person (like a trusted family member or companion) to act for the issuer in financial transactions and handle his/her affairs for him/her. When completing this form, the user must be careful to provide an adequate explanation of how this delegate may function. This type differs from durable power of attorney in that if the named principal is found incapable, it will inherently become invalid.

Limited Power of Attorney - The Indiana Limited Power of Attorney Form is a document that permits you to delegate your power to another person to carry out certain activities for you for a limited length of time when you need an individual to act for you. It is critical, as with all POAs, that you know and can rely on the individual who will be acting as your delegate. Furthermore, you must explicitly describe the transaction or timeframe in the form so that it cannot be interpreted to grant larger capabilities than you intended.

Living Will (Form 55316) - A living will declaration, also known as "Form 55316," in Indiana affirms an individual's decision to refuse the resuscitative process. This would only apply if an individual suffering from an incurable accident, disease, or ailment. It's also a good idea to fill out a Medical Power of Attorney to appoint someone to carry out the directives in this statement.

Medical Power of Attorney (Form 56184) - If you are unable to make medical choices for yourself, an Indiana medical power of attorney, also called 'Form 56184' or 'Health Care Representative Appointment,' gives another person the authority to do so for you. You will be known as the "principal" throughout this form, and the individual you choose will be referred to as your "health care representative." This document permits you to provide a reliable account of your health care orders and choices, and also provisions for end-of-life preferences, in addition to delivering this power.

Minor (Child) Power of Attorney - The Indiana Power of Attorney For Minor Child Form permits you to designate a person to make choices for you for up to twelve months, which includes medical and educational choices. This is a handy document to have on hand if you intend on being gone for an extended period or if you expect a long recovery from an ailment and need to be certain that a caregiver is looking after your wards.

Power of Attorney Revocation Form - When you want to revoke a power of attorney that you formally signed, you should utilize the Indiana Power of Attorney Revocation Form. This form can be used to rescind any form of power of attorney you've signed. You have to notify your delegate and any organizations that may depend on the POA that you have rescinded it in addition to completing the cancellation. Else, if they are unaware of the cancellation, they are not accountable for continuing to depend on the POA.

Real Estate Power of Attorney - An Indiana real estate power of attorney is a legal document that gives a principal the authority to delegate restricted obligations to a representative in the running, transaction, closing, or even refinancing of that principal's real estate.

Motor Vehicle Power of Attorney (Form 01940) - The Indiana Motor Vehicle Power of Attorney (Form 01940) is a document that allows the owner of an automobile or vessel to appoint someone to act for him or her before the Indiana Bureau of Motor Vehicles in issues of documentation and titling. This is a sort of restricted power of attorney that is only effective for ninety days and applies to automobiles and vessels.

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