Durable Power of Attorney Effective upon Disability. This document allows an individual (called the "Principal" or "Grantor to authorize someone else (called the "Attorney-in-fact" or "Agent") to act on his or her behalf if the Principal becomes incapacitated. This Durable Power of Attorney document becomes effective becomes effective only upon the disability or incapacity of the Principal. Among others, this form includes the following key provisions: - Principal’s and Agent’s name and address: Identifies the Principal and the Agent in the transaction
- Power to enter binding contracts on Principal’s behalf: Grants the Agent the power to enter contracts on the Principal's behalf
- Power to maintain, manage, and insure Principal’s property (including rental properties, businesses, bank accounts): Allows the Agent to manage the Principal's property
- Power to make gifts and charitable contributions of Principal’s property: Authorizes the Agent to make gifts and charitable contributions
This attorney-prepared packet contains: - Instructions & Checklist for Durable Power of Attorney Effective upon Disability
- Information for Durable Power of Attorney Effective upon Disability
- Durable Power of Attorney Effective upon Disability
State Law Compliance: This form complies with the laws of District of Columbia$28.95 Click To Buy |