Power of Attorney Alabama 3
Power of Attorney Alabama 1
Power of Attorney Alabama 2
Power of Attorney Alabama 3
Power of Attorney Alabama 1

Power of Attorney Alabama

    Weighed down by the tension of getting a reliable power of attorney form template in Alabama? Look no further because we have created a sound and precise power of attorney form Alabama style template. In addition, we enlisted judicial specialists from the state to provide clarity in the template and convenience to customize it. It covers all the relevant sections, including power authorization, revocation, etc.

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Power of Attorney Alabama

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The power of attorney form is a document through which an individual (principal) can nominate another (agent) to represent them and act in their name in legal, financial, business and real estate transactions when they are absent or incapacitated and can no longer take decisions on their own.

Citizens of Alabama are allowed to exercise these powers as prescribed by the laws of the state. In this article, a lot more about the Alabama power of attorney will be discussed.

Following are the components that need to be included in this form template:

    • Details of the grantor and grantee
    • Principal location
    • Revocation (details and terms)
    • Information of the powers granted including financial, legal, and business details 
    • Applicable laws

What is an Alabama Power of Attorney?

The power of attorney Alabama is exercisable according to the contents of Title 26, Chapter 1A of the Uniform Power of Attorney Act.

Usually, a principal nominates as agent their spouse, relative or friend they feel are capable and can represent their best interest. For a general power of attorney, the powers granted to the agent are revoked upon incapacitation of the principal. If durable, the agent continues to act in the name of the principal beyond when the principal becomes incapacitated.

Execute Powerful Agreement With Our Power of Attorney Form Alabama Template

Use our trusted Power of Attorney form Alabama template to designate powers of authorization to someone you trust. Download and save the template and customize it in a manner that suits you.

Click below to download the form template.

How Does The Alabama Power of Attorney Work?

Regardless of where the Alabama power of attorney form is picked up from, the agreement between the principal and the agent is legally binding if the following requirements are met:

  • Document is signed by both principal and agent
  • Signatures are appended by both principal and agent in the presence of a notary public or at least one witness outside the agent.
  • All parties involved including principal, agent, and witness are at least 19 years old.

A power of attorney form Alabama might be used by anyone who needs an agent to represent them for:

  • Health reasons
  • Time-sensitive actions
  • Financial transactions when they are out of the country

Types of Alabama Power of Attorney

General power of attorney:

In Alabama, a general power of attorney form is used to grant an agent powers only over the finances of the principal.

Durable power of attorney:

Using this form, a principal may grant powers to act on their behalf in all matters or specific matters beyond when they become incapacitated. There are two types of durable power of attorney in Alabama namely a general one and another for healthcare (medical power of attorney Alabama).

Parental power of attorney:

This form is used by a principal to allow a relative or friend to act as the guardian for their minor child for a period, usually not more than one year.

Tax power of attorney:

This form can be used to allow an attorney-in-fact act on behalf of the principal in matters relating to tax submissions.

Vehicle power of attorney:

Formerly known as the MVT 5-13 form, this form allows an agent to handle all matters relating to the principal’s vehicle with the Alabama Motor Vehicle Division.

Why Is the Alabama Power of Attorney Important?

An Alabama power of attorney is important for the following reasons:

  • Makes the intent about their properties, health and businesses as clear as possible
  • Reassures the principal of the safety of his/her assets
  • It’s helpful in estate planning
Execute Powerful Agreement With Our Power of Attorney Form Alabama Template

Use our trusted Power of Attorney form Alabama template to designate powers of authorization to someone you trust. Download and save the template and customize it in a manner that suits you.

Click below to download the form template.

Alabama Power of Attorney Requirements

Asides signing in the presence of a notary public or at least one witness, there are other requirements to be met for an Alabama power of attorney to be valid. One such is the age. Unlike other states in the US, an individual is not legally an adult until they have attained age 19. Hence, both principal and agent must be at least 19 years old.

The power of attorney must also be recorded as prescribed by Section 35-4-28. All completed Alabama power of attorney forms must be recorded in the Office of the Probate Judge of the Country.

Are you looking to draft an Alabama power of attorney form but have come across only general forms that do not reflect that they are customized for Alabama alone? Stress no more. CocoSign has several Alabama eforms you can download for free.

DOCUMENT PREVIEW

ALABAMA POWER OF ATTORNEY FORM

IMPORTANT INFORMATION

 

This power of attorney authorizes another person (your agent) to make decisions concerning your property for you (the principal). Your agent will be able to make decisions and act with respect to your property (including your money) whether or not you are able to act for yourself. The meaning of authority over subjects listed on this form is explained in the Alabama Uniform Power of Attorney Act, Chapter 1A, Title 26, Code of Alabama 1975.

 

This power of attorney does not authorize the agent to make health care decisions for you. Such powers are governed by other applicable law.

You should select someone you trust to serve as your agent. Unless you specify otherwise, generally the agent's authority will continue until you die or revoke the power of attorney or the agent resigns or is unable to act for you.

 

Your agent is entitled to reimbursement of reasonable expenses and reasonable compensation unless you state otherwise in the Special Instructions.

 

This form provides for designation of one agent. If you wish to name more than one agent you may name a co-agent in the Special Instructions. Co-agents are not required to act together unless you include that requirement in the Special Instructions.

If your agent is unable or unwilling to act for you, your power of attorney will end unless you have named a successor agent. You may also name a second successor agent.

 

This power of attorney becomes effective immediately unless you state otherwise in the Special Instructions.

 

If you have questions about the power of attorney or the authority you are granting to your agent, you should seek legal advice before signing this form.

 

DESIGNATION OF AGENT

 

I, ________________________________ (Name of Principal), name the following person as my agent:

 

Name of Agent: _____________________

 

Agent's Address: __________________________________________

 

Agent's Telephone Number: _____________________

 

DESIGNATION OF SUCCESSOR AGENT(S) (OPTIONAL)

 

If my agent is unable or unwilling to act for me, I name as my successor agent:

 

Name of Successor Agent: _____________________

 

Successor Agent's Address: __________________________________________

 

Successor Agent's Telephone Number: _____________________

 

If my successor agent is unable or unwilling to act for me, I name as my second successor agent:

 

Name of Second Successor Agent: _____________________

 

Second Successor Agent's Address: ________________________________________

 

Second Successor Agent's Telephone Number: _____________________

 

GRANT OF GENERAL AUTHORITY

 

I grant my agent and any successor agent general authority to act for me with respect to the following subjects as defined in the Alabama Uniform Power of Attorney Act, Chapter 1A, Title 26, Code of Alabama 1975:

 

If you wish to grant general authority over all of the subjects enumerated in this section you may SIGN here:

 

________________________________________________

(Signature of Principal)

 

OR

 

If you wish to grant specific authority over less than all subjects enumerated in this section you must INITIAL by each subject you want to include in the agent's authority:

 

_____ - Real Property as defined in Section 26-1A-204

 

_____ - Tangible Personal Property as defined in Section 26-1A-205

 

_____ - Stocks and Bonds as defined in Section 26-1A-206

 

_____ - Commodities and Options as defined in Section 26-1A-207

 

_____ - Banks and Other Financial Institutions as defined in Section 26-1A-208

 

_____ - Operation of Entity or Business as defined in Section 26-1A-209

 

_____ - Insurance and Annuities as defined in Section 26-1A-210

 

_____ - Estates, Trusts, and Other Beneficial Interests as defined in Section 26-1A-211

 

_____ - Claims and Litigation as defined in Section 26-1A-212

 

_____ - Personal and Family Maintenance as defined in Section 26-1A-213

 

_____ - Benefits from Governmental Programs or Civil or Military Service as defined in Section 26-1A-214

 

_____ - Retirement Plans as defined in Section 26-1A-215

 

_____ - Taxes as defined in Section 26-1A-216

 

_____ - Gifts as defined in Section 26-1A-217

 

GRANT OF SPECIFIC AUTHORITY (OPTIONAL)

 

My agent MAY NOT do any of the following specific acts for me UNLESS I have INITIALED the specific authority listed below:

 

(CAUTION: Granting any of the following will give your agent the authority to take actions that could significantly reduce your property or change how your property is distributed at your death. INITIAL the specific authority you WANT to give your agent.)

 

_____ - Create, amend, revoke, or terminate an inter vivos trust, by trust or applicable law

 

_____ - Make a gift to which exceeds the monetary limitations of Section 26-1A-217 of the Alabama Uniform Power of Attorney Act, but subject to any special instructions in this power of attorney

 

_____ - Create or change rights of survivorship

 

_____ - Create or change a beneficiary designation

 

_____ - Authorize another person to exercise the authority granted under this power of attorney

 

_____ - Waive the principal's right to be a beneficiary of a joint and survivor annuity, including a survivor benefit under a retirement plan

 

_____ - Exercise fiduciary powers that the principal has authority to delegate

 

LIMITATIONS ON AGENT'S AUTHORITY

 

An agent that is not my ancestor, spouse, or descendant MAY NOT use my property to benefit the agent or a person to whom the agent owes an obligation of support unless I have included that authority in the Special Instructions.

Limitation of Power. Except for any special instructions given herein to the agent to make gifts, the following shall apply:

(a) Any power or authority granted to my Agent herein shall be limited so as to prevent this Power of Attorney from causing any Agent to be taxed on my income or from causing my assets to be subject to a "general power of appointment" by my Agent as defined in 26 U.S.C. §2041 and 26 U.S.C. §2514 of the Internal Revenue Code of 1986, as amended.

(b) My Agent shall have no power or authority whatsoever with respect to any policy of insurance owned by me on the life of my Agent, or any trust created by my Agent as to which I am a trustee.

 

SPECIAL INSTRUCTIONS (OPTIONAL)

 

You may give special instructions on the following lines. For your protection, if there are no special instructions write NONE in this section.

 

______________________________________________________________________

 

______________________________________________________________________

 

______________________________________________________________________

 

______________________________________________________________________

 

______________________________________________________________________

 

EFFECTIVE DATE

 

This power of attorney is effective immediately unless I have stated otherwise in the Special Instructions.

 

NOMINATION OF [CONSERVATOR OR GUARDIAN] (OPTIONAL)

 

If it becomes necessary for a court to appoint a [conservator or guardian] of my estate or [guardian] of my person, I nominate the following person(s) for appointment:

 

Name of Nominee for [conservator or guardian] of my estate: _____________________

 

Nominee's Address: __________________________________________

 

Nominee's Telephone Number: _____________________

 

Name of Nominee for [guardian] of my person: _____________________

 

Nominee’s Address: __________________________________________

 

Nominee’s Telephone Number: _____________________

 

RELIANCE ON THIS POWER OF ATTORNEY

 

Any person, including my agent, may rely upon the validity of this power of attorney or a copy of it unless that person knows it has terminated or is invalid.

SIGNATURE AND ACKNOWLEDGMENT

 

__________________________________________

(Signature of Principal)

 

Your Signature Date: _____________________

 

Your Name Printed: _____________________

 

Your Address: __________________________________________

 

Your Telephone Number: _____________________

 

State of _____________________

 

[County] of _____________________

 

I, _____________________, a Notary Public, in and for the County in this State, hereby certify that _____________________, whose name is signed to the foregoing document, and who is known to me, acknowledged before me on this day that, being informed of the contents of the document, he or she executed the same voluntarily on the day the same bears date.

 

Given under my hand this the ____ day of _____________________, 20____.

 

__________________________________________                             (Seal, if any)

Signature of Notary

 

My commission expires: _____________________

 

[This document prepared by: ______________________________________________]

 

IMPORTANT INFORMATION FOR AGENT

 

Agent's Duties

 

When you accept the authority granted under this power of attorney, a special legal relationship is created between you and the principal. This relationship imposes upon you legal duties that continue until you resign or the power of attorney is terminated or revoked. You must:

 

(1)  do what you know the principal reasonably expects you to do with the principal's property or, if you do not know the principal's expectations, act in the principal's best interest;

(2)  act in good faith;

(1)  do nothing beyond the authority granted in this power of attorney; and

(2)  disclose your identity as an agent whenever you act for the principal by writing or printing the name of the principal and signing your own name as "agent" in the following manner:

(Principal's Name) by (Your Signature) as Agent

 

Unless the Special Instructions in this power of attorney state otherwise, you must also:

 

(1)  act loyally for the principal’s benefit;

(2)  avoid conflicts that would impair your ability to act in the principal’s best interest;

(3)  act with care, competence, and diligence;

(4)  keep a record of all receipts, disbursements, and transactions made on behalf of the principal;

(5)  cooperate with any person that has authority to make health care decisions for the principal to do what you know the principal reasonably expects or, if you do not know the principal’s expectations, to act in the principal’s best interest; and

(6)  attempt to preserve the principal’s estate plan if you know the plan and preserving the plan is consistent with the principal’s best interest.

 

Termination of Agent's Authority

 

You must stop acting on behalf of the principal if you learn of any event that terminates this power of attorney or your authority under this power of attorney. Events that terminate a power of attorney or your authority to act under a power of attorney include:

 

(1)  death of the principal;

(2)  the principal's revocation of the power of attorney or your authority;

(3)  the occurrence of a termination event stated in the power of attorney;

(4)  the purpose of the power of attorney is fully accomplished; or

(5)  if you are married to the principal, a legal action is filed with a court to end your marriage, or for your legal separation, unless the Special Instructions in this power of attorney state that such an action will not terminate your authority.

 

Liability of Agent

 

The meaning of the authority granted to you is defined in the Alabama Uniform Power of Attorney Act, Chapter 1A, Title 26, Code of Alabama 1975. If you violate the Alabama Uniform Power of Attorney Act, Chapter 1A, Title 26, Code of Alabama 1975, or act outside the authority granted, you may be liable for any damages caused by your violation.

 

If there is anything about this document or your duties that you do not understand, you should seek legal advice.

 

 

 

 

 

 

 

 

AGENT'S CERTIFICATION AS TO THE VALIDITY OF POWER OF ATTORNEY AND AGENT'S AUTHORITY

 

State of _____________________

 

[County] of _____________________

 

I, _____________________ (Name of Agent), [certify] under penalty of perjury that

 

_____________________ (Name of Principal) granted me authority as an agent or successor agent in a power of attorney dated _____________________.

 

I further [certify] that to my knowledge:

 

(1)  the Principal is alive and has not revoked the Power of Attorney or my authority to act under the Power of Attorney and the Power of Attorney and my authority to act under the Power of Attorney have not terminated;

(2)  if the Power of Attorney was drafted to become effective upon the happening of an event or contingency, the event or contingency has occurred;

(3)  if I was named as a successor agent, the prior agent is no longer able or willing to serve; and

(4)  _____________________________________________________________________________________________________ (Insert other relevant statements)

 

SIGNATURE AND ACKNOWLEDGMENT

 

__________________________________________

(Signature of Agent)

 

Agent Signature Date: _____________________

 

Agent Name Printed: _____________________

 

Agent Address: __________________________________________

 

Agent Telephone Number: _____________________

 

State of _____________________

 

[County] of _____________________

 

This document was acknowledged before me on _____________________ (Date)

 

By _____________________ (Name of Agent)

 

__________________________________________

Signature of Notary                                                                                     (Seal, if any)

 

[This document prepared by: ______________________________________________]

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