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Power of attorney forms in North Carolina permit an individual to represent another person and handle their financial or medical matters while they are still living. These forms are often used by the elderly or anyone who requires assistance with their everyday activities. The individual granting authority (the "principal") has the option of making the forms durable, which means they will remain valid even if the declarant becomes disabled or unable to decide for themselves.
Durable Statutory Power of Attorney - A durable power of attorney form in North Carolina permits an individual to select a person to make choices and handle financial concerns on their behalf throughout their lives. Except otherwise noted, the document is durable, which means it will remain valid even if the principal becomes incompetent. The agent can utilize the document by presenting a copy to any third party when representing the principal after the principal and agent put their signatures on the form in the presence of a notary.
General (Financial) Power of Attorney - The General (Financial) Power of Attorney in North Carolina allows you to choose a trusted companion or family to effectively act in your place on your general financial interests. This is a general document, which means that it will inherently cease upon your incapacity except you say differently, unlike the durable form, which will remain effective. There are several methods to make this form more durable, or you may utilize this form instead if you want it to persist after you are no longer able to do so.
Limited Power of Attorney - A North Carolina Limited Power of Attorney Form can be used to give someone else the authority to represent a principal's interests in certain transactions, for a while, or both. This agreement is not intended to be a long-term designation of power in a wide range of areas; rather, it was created to allow a representative with authority to manage the principal's affairs while limiting his/her ability to do so.
Medical Power of Attorney - A medical power of attorney in North Carolina is a legal document that lets a principal choose someone to make medical choices for them. When the principal is no longer able to make health-care choices for themselves (that is, debilitated) this authority becomes available.
Living Will - A living will is a document that allows the declarant or principal to state their end-of-life medical choices in writing. These are instructions given to their healthcare team that covers things such as what to do if they’re comatose, what kind of medicine they want (or don’t want), how to handle artificial feeding, etc. It must be signed and submitted to the healthcare facility beforehand so they can advise the principal and make any preparations needed.
Advance Directive - This type of power of attorney allows a declarant to choose an agent to handle medical care choices when they’ve become incapacitated or declared incompetent. It also allows the principal to create a type of living will to work in tandem with the agent. Because of this, it’s considered to be a document that confers more authority. As such, it needs to be signed and notarized before it’s considered valid.
Minor (Child) Power of Attorney - A Minor Power of Attorney Form in North Carolina can be used to delegate decision-making authority for a child's care to a caregiver. This type of visit is often required when parents foresee being away from their wards and hence not able to make choices for them. For example, perhaps the parents are planning a trip and will be away from their wards while they are with family members or companions.
Real Estate Power of Attorney - A principal property holder in North Carolina has to utilize the North Carolina Real Estate Power of Attorney Form to authorize an agent to manage real estate matters in his or her name. The form contains "any financial transactions" involving the property, including trading, leasing, and any property management activities like paying taxes, acquiring insurance, and so on. The document offers another individual-wide authority to manage another person's real property for a limited time, in conformity with State legislation.
Power of Attorney Revocation Form - When you want to end or rescind a power of attorney as the principal who granted the prototype appointment, you should utilize the Revocation of Power of Attorney Form. It is critical that you not only put your signature on the form but also provide copies of this agreement to your attorney-in-fact and backup agent and any organizations or entities that may utilize your POA.
Motor Vehicle Power of Attorney (Form MVR-63) - The North Carolina Motor Vehicle Power of Attorney (Form MVR-63) is used to designate a person to represent you before the North Carolina Division of Motor Vehicles in vehicle-related matters. This appointment will provide the necessary confirmation that the representative undertaking principal acts with an automobile have been permitted by the car owner to do so. For example, after this document has been completed, signed, and notarized by a notary, the agent will be able to take actions for you, like arranging for your automobile's documentation and title.