Power of Attorney North Carolina 3
Power of Attorney North Carolina 1
Power of Attorney North Carolina 2
Power of Attorney North Carolina 3
Power of Attorney North Carolina 1

Power of Attorney North Carolina

    If you need a power of attorney that can be used in the state of North Carolina, we're here to help. With our easy-to-read and complete power of attorney North Carolina templates, you'll never have to worry about legal documents again. Our templates include everything you'll need to make sure your legal rights and needs are taken care of the way they deserve.

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Power of Attorney North Carolina

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A power of attorney is a legal document that helps delegate your responsibilities and legal rights to another individual. You might want to use a power of attorney for various reasons where you cannot physically present yourself for certain legal or financial transactions.

North Carolina has its own set of regulations and rules regarding the power of attorney forms. Without a valid NC power of attorney form, your agent will not be able to represent you to the third party institution or government agencies.

This article gives a brief overview of the power of attorney forms, their types, and how to get them in North Carolina.

What’s included in a power of attorney of North Carolina:

    • Type of power of attorney
    • Full executor details
    • Full agent details
    • Purpose
    • Full property details
    • Date of execution Notarized

What is North Carolina Power of Attorney?

A power of attorney form NC provides legal means to appoint yourself a proxy. The proxy here is usually referred to as the agent, and the individual conferring the rights is called the principal.

Get the power of attorney North Carolina template now!

You can’t go wrong by creating a power of attorney in North Carolina with our power of attorney North Carolina template. It is completely safe and free to use, so why not give it a try!

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Why Would You Use a North Carolina Power of Attorney Form?

A North Carolina power of attorney form can be used for a multitude of purposes. Here is a list of reasons you may want to use a power of attorney form.

  • To authorize tax professionals to represent a taxpayer and deal with confidential tax information.
  • To appoint a legal guardian for a minor child in the absence of parents.
  • To delegate health-related decisions in case of a medical emergency for an incapacitated principal
  • To take legal or finance-related decisions for physically or mentally disabled principals.
  • To give rights to real estate agents to carry out property dealings on behalf of the principal.

Power of attorney can also be used to help carry out any specific task for a limited time when the principals are not in a position to do so on their own. For instance, the principal could be overseas, traveling, or could be incarcerated, with limited options to fulfill certain legal or financial responsibilities.

Most of the third-party organizations and government agencies would require the principal to produce a valid power of attorney document. Such documents are also necessary for an agent to collect confidential information, which otherwise will only be shared with the principal.

What Are The Power of Attorney Requirements in North Carolina?

The state of North Carolina follows the regulations specified in the North Carolina Power of Attorney Act to stipulate the validity of the power of attorney forms. The requirements mandate for a valid document are:

  • The principal(s) should be of sound mind when signing the document.
  • The document should be signed in front of a notary public.
  • The power of attorney document should contain the date of signature. If not, the document goes into effect when all parties involved have signed the document.

Types of Power of Attorney in North Carolina

Based on the purpose and duration of the validity of the power of attorney document, it can be classified into different types. You will have to select the right type that suits your purpose.

Durable Power Of Attorney

A durable power of attorney NC extends automatically in case the principal becomes mentally or physically disabled or incapacitated. A non-durable power of attorney will cease to be valid when the principal is incapacitated.

In North Carolina, all power of attorney documents are, by default, considered to be durable. If you wish to use a non-durable power of attorney, you will have to mention the terms in the Power of attorney document explicitly.

Medical Power Of Attorney

When an ill person is unable to make decisions regarding his/her health and medical treatments, the medical power of attorney NC gives his/her agent the power to make decisions on the principal’s behalf. Doctors and caregivers may use this document to get legal guidance on how to treat mentally disabled or unconscious patients.

DMV Power Of Attorney

This power of attorney gives your agent the right to deal with any activities related to the management of your motor vehicles.

General Power Of Attorney

This type of attorney is used to give the agent a broad range of rights and responsibilities to take care of the principal's legal and financial affairs.

Financial Power Of Attorney

This type of power of attorney is used specifically for finance-related activities. The agent is given the power to make financial decisions like withdrawing money from the principal's bank accounts, making investments, and so on.

Power Of Attorney For Care Of Minor Child

This type of power of attorney is used to appoint a legal guardian for the principal's children who are of age below 18. This can be used by the parents to shift parental responsibility temporarily to a trusted third party for matters related to medical care.

Tax Power Of Attorney

This type of power of attorney is used to appoint a tax professional to carry out your tax affairs. Unlike other POA documents, the signatures within need not be acknowledged by a notary public. The signatures of both the principal and the representative are required to put a power of attorney into effect.

Real Estate Power Of Attorney

Allows the agent to take care of property dealings like price negotiations, selling, and closing a deal on behalf of the property owner (principal).

Get the power of attorney North Carolina template now!

You can’t go wrong by creating a power of attorney in North Carolina with our power of attorney North Carolina template. It is completely safe and free to use, so why not give it a try!

Click the buttons here to try this template for free.

How to Get A Power of Attorney in North Carolina?

North Carolina does not provide a strict template for the power of attorney forms. You will have to follow the power of attorney act and draft a form that conforms to the regulations of the act.

Sometimes, based on type and purpose, you will have to use specific forms types like the Form MVR-63 used for DMV power of attorney and the Form Gen 58 for the Tax power of attorney.

For a valid power of attorney, you will have to download the right form templates, fill it up and get it signed by the relevant parties. The notary public should also acknowledge the signatures. The document can then be used as proof by the agent to carry out the responsibilities.

Downloading the right form that fits your purpose is necessary to avoid any legal complications in the future. The NC power of attorney forms must specify date, signatures, duration of validity, date of commencement and end, and all other relevant details to be considered valid.

You need to make sure that there are no mistakes or the terms mentioned are valid and suit your requirements. Cocosign has a huge repository of all types of POA forms compliant with the North Carolina laws. Download the right type of form and fill out the information carefully.

DOCUMENT PREVIEW

NORTH CAROLINA

STATUTORY SHORT FORM POWER OF ATTORNEY

 

NOTICE: THE POWERS GRANTED BY THIS DOCUMENT ARE BROAD AND SWEEPING.  THEY ARE DEFINED IN CHAPTER 32C OF THE NORTH CAROLINA GENERAL STATUTES, WHICH EXPRESSLY PERMITS THE USE OF ANY OTHER OR DIFFERENT FORM OF POWER OF ATTORNEY DESIRED BY THE PARTIES CONCERNED.

 

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 North Carolina Uniform Power of Attorney Act.

 

This power of attorney does not authorize the agent to make health-care decisions for you.

 

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 reasonable compensation unless you state otherwise in the Additional Provisions and Exclusions.

 

This form provides for designation of one agent, a successor agent, and a second successor agent. If you wish to name more than one agent, successor agent, and second successor agent, you may name a coagent, successor coagent, or second successor coagent in the Additional Provisions and Exclusions.  Coagents, successor coagents, or second successor coagents are not required to act together unless you include that requirement in the Additional Provisions and Exclusions.

 

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.

 

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 the following person as my agent:

(Name of Principal)

 

Name of Agent: ____________________________________________________________

 

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: ______________________________________________________

 

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

 

Name of Second Successor Agent: ________________________________________________

 

INITIAL below if you want to give an agent the power to name a successor agent.

 

(____) I give to my acting agent the full power to appoint another to act as my agent, and full power to revoke such appointment, if no agent named by me above is willing or able to act.

 

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 North Carolina Uniform Power of Attorney Act, Chapter 32C of the General Statutes:

 

(INITIAL each subject you want to include in the agent's general authority. If you wish to grant general authority over all of the subjects you may initial "All Preceding Subjects" instead of initialing each subject.)

 

(____) Real Property

 

(____) Tangible Personal Property

 

(____) Stocks and Bonds

 

(____) Commodities and Options

 

(____) Banks and Other Financial Institutions

 

(____) Operation of Entity

 

(____) Insurance and Annuities

 

(____) Estates, Trusts, and Other Beneficial Interests

 

(____) Claims and Litigation

 

(____) Personal and Family Maintenance

 

(____) Benefits from Governmental Programs or Civil or Military Service

 

(____) Retirement Plans

 

(____) Taxes

 

(____) All Preceding Subjects

 

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 ONLY the specific authority you WANT to give your agent.)

 

(____) Make a gift, subject to the limitations provided in G.S. 32C-2-217

 

(____) 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 my right to be a beneficiary of a joint and survivor annuity, including a survivor benefit under a retirement plan

 

(____) Exercise fiduciary powers that I have authority to delegate

 

(____) Disclaim or refuse an interest in property, including a power of appointment

 

(____) Access the content of electronic communications

 

EXERCISE OF SPECIFIC AUTHORITY IN FAVOR OF AGENT

(OPTIONAL)

 

(____) UNLESS INITIALED, my agent MAY NOT exercise any of the grants of specific authority initialed above in favor of the agent or an individual to whom the agent owes a legal obligation of support.

 

ADDITIONAL PROVISIONS AND EXCLUSIONS

(OPTIONAL)

 

(____) ________________________________________________________________________

 

________________________________________________________________________

 

EFFECTIVE DATE

 

This power of attorney is effective immediately.

 

NOMINATION OF GUARDIAN

(OPTIONAL)

 

INITIAL below ONLY if you WANT your acting agent to be your Guardian.

 

(____) If it becomes necessary for a court to appoint a guardian of my estate or a general guardian, I nominate my agent acting under this power of attorney to be the guardian to serve without bond or other security.

 

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.

 

MEANING AND EFFECT

 

The meaning and effect of this power of attorney shall for all purposes be determined by the law of the State of North Carolina.

 

SIGNATURE AND ACKNOWLEDGEMENT

 

_____________________________________   ________________________

Your Signature        Date

 

_____________________________________

Your Name Printed

State of ______________________, County of _______________________

 

I certify that the following person personally appeared before me this day, acknowledging to me that he or she signed the foregoing document: ___________________________________.

 

Date: __________________   _______________________________________

Signature of Notary Public

 (Official Seal)

___________________________, Notary Public

Printed or typed name

 

My commission expires: __________________

 

 

 

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 your authority is terminated 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;

 

  1. Act in good faith;

 

  1. Do nothing beyond the authority granted in this power of attorney; and

 

  1. 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 Additional Provisions and Exclusions in this power of attorney state otherwise, you must also:

 

  1. Act loyally for the principal's benefit;

 

  1. Avoid conflicts that would impair your ability to act in the principal's best interest;

 

  1. Act with care, competence, and diligence;

 

  1. Keep a record of all receipts, disbursements, and transactions  made  on behalf of the principal;

 

  1. 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;

 

  1. 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; and

 

  1. Account to the principal (or a person designated by the principal (if any)) in the Additional Provisions and Exclusions.

 

Termination of Agent's Authority

 

You must stop acting on behalf of the principal if you learn of any event that terminated or revoked 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;

 

  1. The principal's revocation of the power of attorney or the termination of your authority;

 

  1. The occurrence of a termination event stated in the power of attorney;

 

  1. The purpose of the power of attorney is fully accomplished;

 

  1. If you are married to the principal, your divorce from the principal, unless the Additional Provisions and Exclusions in this power of attorney state that your divorce from the principal will not terminate your authority; or

 

  1. A guardian of the principal's estate or the principal's general guardian revokes the power of attorney or terminates your authority.

 

Liability of Agent

 

The meaning of the authority granted to you is defined in the North Carolina Uniform Power of Attorney Act as set forth in Chapter 32C of the North Carolina General Statutes.  If you violate the North Carolina Uniform Power of Attorney Act 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.

 

Disclaimer

CocoSign represents a wide collection of legal templates covering all types of leases, contracts and agreements for personal and commercial use. All legal templates available on CocoSign shall not be considered as attorney-client advice. Meanwhile, CocoSign shall not be responsible for the examination or evaluation of reviews, recommendations, services, etc. posted by parties other than CocoSign itself on its platform.

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