Fillable  Durable Power of Attorney Form for Arkansas Launch Editor

Fillable Durable Power of Attorney Form for Arkansas

A Durable Power of Attorney form in Arkansas allows an individual to designate someone else to make financial and legal decisions on their behalf, even if they become incapacitated. This legal document ensures that your wishes are honored and provides peace of mind for you and your loved ones. To take the next step, fill out the form by clicking the button below.

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When planning for the future, it’s essential to consider how decisions will be made if you become unable to communicate your wishes. The Arkansas Durable Power of Attorney (DPOA) form serves as a vital tool in this process. This legal document allows you to designate someone you trust, known as your agent, to make financial and legal decisions on your behalf when you are incapacitated. Unlike a standard power of attorney, the durable version remains effective even if you become mentally or physically unable to manage your affairs. It covers a wide range of powers, including managing bank accounts, handling real estate transactions, and making healthcare decisions, depending on how it is structured. Additionally, the DPOA can be tailored to fit your specific needs, allowing you to grant broad or limited authority to your agent. Understanding the nuances of this form can empower you to make informed choices that align with your values and preferences.

Form Sample

Arkansas Durable Power of Attorney

This Durable Power of Attorney is created pursuant to the Arkansas Durable Power of Attorney Act. It grants the person you designate as your Agent broad powers to handle your affairs in the event that you are unable to do so yourself.

NOTICE: The powers granted by this document are broad and sweeping. They include, but are not limited to, the power to dispose of property, manage financial affairs, and make medical decisions. If you have any questions about these powers, obtain competent legal advice prior to signing this document.

1. Principal Information

Name: ___________________________________________

Address: _________________________________________

City, State, Zip: _________________________________

Phone Number: ___________________________________

2. Agent Information

Name: ___________________________________________

Address: _________________________________________

City, State, Zip: _________________________________

Phone Number: ___________________________________

3. Grant of Powers

I, ________________ (the "Principal"), residing at _____________________, hereby appoint ________________ (the "Agent"), residing at _____________________, as my Attorney-in-Fact ("Agent") to act in my place and stead in any way which I myself could do, if I were personally present, with respect to the following matters as each is defined in the Arkansas Durable Power of Attorney Act:

  • Real property transactions
  • Tangible personal property transactions
  • Stock and bond transactions
  • Commodity and option transactions
  • Banking and other financial institution transactions
  • Business operating transactions
  • Insurance and annuity transactions
  • Estate, trust, and other beneficiary transactions
  • Claims and litigation
  • Personal and family maintenance
  • Benefits from social security, Medicare, Medicaid, or other governmental programs, or military service
  • Retirement plan transactions
  • Tax matters

4. Durable Nature of Power of Attorney

This Power of Attorney shall not be affected by my subsequent incapacity or disability. This Power of Attorney shall become effective immediately upon execution unless otherwise provided below:

Effective date: ___________________________________

5. Signature and Acknowledgment

This document is signed and declared to be the Durable Power of Attorney at ____________________ (location), on this ____ day of ___________, 20____.

__________________________________

Principal's Signature

State of Arkansas
County of ________________

On this ____ day of ___________, 20____, before me, ____________________ (name of notary), a Notary Public, personally appeared ____________________ (name of Principal), known to me (or satisfactorily proven) to be the person whose name is subscribed to the within instrument and acknowledged that he/she executed the same for the purposes therein contained.

In witness whereof, I hereunto set my hand and official seal.

__________________________________
Notary Public

My commission expires: _______________

IMPORTANT: The powers granted by this document allow your Agent to manage your financial and medical affairs as if they were you. Choose your Agent carefully. This document does not authorize your Agent to make health care decisions for you. To grant such authority, a separate document should be completed.

Document Overview

Fact Name Details
Definition The Arkansas Durable Power of Attorney form allows an individual to designate another person to make financial decisions on their behalf, even if they become incapacitated.
Governing Law This form is governed by the Arkansas Code Annotated, Title 28, Chapter 68.
Durability The power of attorney remains effective even if the principal becomes incapacitated, provided it is explicitly stated to be durable.
Revocation The principal can revoke the durable power of attorney at any time, as long as they are mentally competent to do so.
Agent's Authority The agent's authority can be broad or limited, depending on the specifications included in the form by the principal.
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