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Making an Alabama Power of Attorney
An Alabama Power of Attorney (PoA) is a legal document that gives a selected person or organization permission to handle financial matters on your behalf, such as signing contracts, accessing your bank account(s), and buying or selling property.
The person giving permission is called the "principal," while the person or entity receiving authority is called the "agent" or "attorney-in-fact." Suited for Alabama residents, this Power of Attorney is made for use in Madison County, Jefferson County, Mobile County, and in every other county or municipality in the state. All Alabama PoA forms from Rocket Lawyer can be customized for your particular scenario. As a result of having this legal document, your agent(s) will be able to offer proof to financial institutions and other parties that they can legally act in your interest when you are not present or able.
It's fast and simple to grant or obtain the support you may need using a free Alabama Power of Attorney template from Rocket Lawyer:
This solution, in many cases, would be much less time-consuming than working with a traditional lawyer. If needed, you can start a PoA on behalf of your spouse, an elderly parent, or another relative, and then have them sign once you've drafted it. Please remember that for this document to be considered valid, the principal must be an adult who is mentally competent when they sign. In the event that the principal is already incapacitated and unable to make their own decisions, a court-appointed conservatorship might be required. When facing this situation, it would be best for you to work with a lawyer.
Every person over 18 years old ought to have a Power of Attorney. Even though it may be painful to think about, there will likely come a day when you are not able to make your own legal decisions. There may also be times when you are simply out of pocket. Here are a few common situations in which you may find a PoA to be useful:
Whether this Alabama Power of Attorney has been generated as part of a long-term plan or created in response to an unexpected emergency, notarization and/or witnesses can help to protect your agent if a third party questions their authority.
Power of Attorney documents can be classified in multiple ways. They are largely based on what powers will be given, when they come into effect, and how long they are valid. Often, you'll find them separated into four buckets:
When drafting your free Alabama Power of Attorney with Rocket Lawyer, you can choose to have the authority begin on a selected day, immediately, or only at the time when you're not capable. The Power of Attorney may terminate on a particular date or when you die.
Alabama Power of Attorney forms are normally straightforward; however, you could need advice. Hiring an attorney to comment on your Alabama Power of Attorney can be expensive. An easier option is through Rocket Lawyer attorney services. As a Premium member, you can have your document reviewed by an experienced attorney. You can rest assured that Rocket Lawyer is here for you.
The cost of meeting and hiring an attorney to make a Power of Attorney could total between two hundred and five hundred dollars, depending on your location. When using Rocket Lawyer, you aren't just filling out a Power of Attorney template. If you ever require help from a lawyer, your Rocket Lawyer membership offers up to a 40% discount when you hire an On Call attorney.
Attached to your Power of Attorney, there's a checklist of suggested actions to take once your document is finished. Feel free to take any of these actions related to your PoA: editing it, saving it in PDF format or as a Word document, and signing it. Finally, your agent(s) and financial institutions should get a copy of your final document.
The laws governing PoA forms vary in each state; however, in Alabama, your Power of Attorney will require notarization. If your agent will have the ability to handle real estate transactions, the Power of Attorney will need to be signed before a notary and recorded or filed with the county.
See Alabama Power of Attorney law: § 26-1A