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Specific Power of Attorney Form: What Is It?
A limited power of attorney (POA), which is also referred to as a specific power of attorney or special power of attorney, is a legal document that authorizes a trusted person (‘grantee’, ‘agent’, or ‘attorney-in-fact’) to act on your (‘grantor’s’ or ‘principal’s’) behalf for a specific person and timeframe. The Specific Power of Attorney form is not filed with any office/government agency, so make sure you properly store the form once it’s signed.
What You Need Special Power of Attorney Form For
The Specific Power of Attorney Form is needed when you’re physically unavailable, mentally disabled, or unable to act on your own for other reasons, and you need to have someone make decisions for you. For instance, an active military service member who’s currently abroad may opt for filling out the Specific Power of Attorney form in order to appoint someone they trust in the US to handle their personal affairs while they’re absent.
How to Fill out Specific Power of Attorney Form
Make sure you fill out the Specific Power of Attorney form properly, indicating the following information:
- Your legal name and social security number;
- Your agent’s full name, current home address, and phone number;
- Specific affairs your agent will have full power to handle on your behalf (specify in detail using clear wording).
Take the Specific Power of Attorney form to a notary for completion. Do not date/sign the form until the notary is present to witness. The Specific Power of Attorney form must be notarized. In other words, the document must bear the official stamp of the notary showing their registration number and jurisdiction, as well as their signature.
Organizations that Work with Limited Power of Attorney Form
- Internal Revenue Service;
- banks and most other financial institutions.
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