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Making a LGBT Power of Attorney
An LGBT Power of Attorney (PoA) is a legal document that grants a person or organization permission to manage your finances, such as signing contracts, selling real estate, accessing your bank account.
The person giving permission is known as the "principal," while the individuals or organizations gaining authority are called the "agents." Designed for everyone, our Power of Attorney can be used in all fifty states. All LGBT Power of Attorney forms from Rocket Lawyer can be edited to address your unique situation. With this document on hand, your representative(s) will be able to offer proof to financial institutions and other parties that they can legally sign documents or take other actions for you.
It's very simple to give or receive the support you may need with a free LGBT Power of Attorney template from Rocket Lawyer:
This solution is often notably less time-consuming than meeting and hiring the average lawyer. If necessary, you can start this PoA on behalf of an elderly parent, a spouse, or another family member, and then have that person sign it when ready. Keep in mind that for a PoA form to be considered valid, the principal must be a mentally competent adult when they sign. In the event that the principal is already unable to make their own decisions, a conservatorship generally will be necessary. When managing this scenario, it's a good idea for you to speak to an attorney.
Anyone who is over 18 years old ought to have a Power of Attorney. Even though it can be difficult to acknowledge, a day will likely come when you cannot make your own legal decisions. There may also be times when you are merely not available. Typical occasions where you may consider PoA forms to be useful include:
Regardless of whether your LGBT Power of Attorney has been made in response to an unexpected issue or as part of a forward-looking plan, notarization and/or witnesses are strongly encouraged as a best practice for protecting your document if its authenticity is disputed.
Power of Attorney documents can be categorized in multiple ways. They are primarily based on what powers are being granted, when they come into effect, and how long they will last. Most often, you'll see them organized into four buckets:
When generating your free LGBT Power of Attorney, you may decide to have the agent's authority start on a precise date, upon signing, or only at the point when you are not capable. The Power of Attorney may expire on a specific date or when you pass away.
Power of Attorney forms for lesbian, gay, bisexual, and transgender people are normally simple to make; however, you might still have questions. The answer can depend on whom you approach, but sometimes a lawyer will not even agree to review a document that they didn't author. A more favorable approach worth consideration is to request help from Rocket Lawyer attorney services. By becoming a Premium member, you have the ability to ask for advice from an experienced attorney or send other questions about your Power of Attorney. As always, Rocket Lawyer is here for you.
The fees associated with finding and hiring a conventional lawyer to draft a Power of Attorney could add up to anywhere between $200 and $500, based on your location. Different from many other websites that you might stumble upon, Rocket Lawyer offers much more than a Power of Attorney template. If you ever require help from a lawyer, your Premium membership provides up to 40% in savings when you hire an attorney from our On Call network.
With a Premium membership, you will be able to make edits, download it as a Word document or PDF file, and/or print it. In order to complete your Power of Attorney, it needs to be signed. Take care to provide a final copy of your fully signed document to your agent(s) and financial institutions.
The specific guidelines and restrictions for PoA forms will be different by state; however, it is highly encouraged to have your Power of Attorney signed by a notary public and/or at least one witness to help reinforce its authenticity. If your agent will manage real estate transactions, the Power of Attorney will need to be signed before a notary and recorded with your county. As a basic principle, your witness(es) must be at least 18 years old, and none of them should simultaneously be named as your agent.