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Mississippi Power of Attorney

A Mississippi Power of Attorney (PoA) is a legal document that gives a selected person or organization permission to manage legal and financial affairs on your behalf, such as selling real estate, signing contracts, and accessing your bank account(s).

The individual giving control is called the "principal," while the people or entities gaining authority are called the "agents." Suited for residents of Mississippi, our Power of Attorney can be used in DeSoto County, Hinds County, Harrison County, and in all other counties and municipalities across the state. All Mississippi Power of Attorney forms from Rocket Lawyer can be personalized for your particular scenario. Making this essential legal document will provide confirmation to financial institutions and other parties that your chosen representative(s) can legally sign documents or take other actions for you when you are not present or able.

It is fast and easy to grant or receive the support you may need with a free Mississippi Power of Attorney template from Rocket Lawyer:

1. Make your document - Provide a few general details and we will do the rest
2. Send or share it - Discuss the document with your agent(s) or ask a lawyer
3. Sign it - Mandatory or not, notarization and witnesses are a best practice

This method, in many cases, would end up being notably more affordable than finding and hiring a traditional provider. If necessary, you can start this PoA on behalf of your spouse, an elderly parent, or another relative, and then help them sign it after you've drafted it. Please note that for a PoA form to be valid, the principal must be a mentally competent adult when they sign. If the principal is already unable to make their own decisions, a court-appointed conservatorship could be necessary. When facing this scenario, it is a good idea to talk to an attorney.

Every person over 18 years old should have a Power of Attorney. Although it's tough to acknowledge, there could come a time when you can no longer manage your affairs on your own. There will also be times when you are simply unavailable. Typical situations where you might consider power of attorney to be useful include:

• You have plans to move out of your home and into a residential care facility
• You are planning to live or travel abroad either temporarily or permanently
• You wish to authorize a trusted person to take legal actions or make decisions on your behalf if you are not present or become incapacitated
• You are aging or have declining health or limited mobility

Whether your Mississippi Power of Attorney has been generated as part of a long-term plan or made in response to an emergency, notarization and witnesses are strongly encouraged as a best practice for protecting your agent if a third party disputes their power and authority.

There are several ways to classify Power of Attorney documents. They are primarily dependent on how long the powers will be in effect, when they will come into effect, and what they grant authority over. Most often, you may find them separated into the four segments below:

• General Power of Attorney - Would grant a broad scope of powers over your affairs
• Special Power of Attorney - Would grant limited authority over specified affairs
• Durable Power of Attorney - Would remain valid even if you become mentally incompetent or incapacitated
• Springing Power of Attorney - Would be activated based on certain guidelines

When generating your free Mississippi Power of Attorney with Rocket Lawyer, you may opt to have the agent's authority begin immediately upon signing, on a precise day, or only when you're no longer capable. Your Power of Attorney may terminate either on a specific date or when you die.

Mississippi Power of Attorney forms are usually straightforward, but you or your agent(s) might need legal advice. Depending on whom you contact, some attorneys will not even agree to review documents that they didn't draft. A more favorable approach worth consideration is to get help via the On Call network. If you become a Premium member, you can ask for advice from an experienced attorney or send additional legal questions related to your Power of Attorney. As always, Rocket Lawyer is here to support you.

The cost of hiring an attorney to create a Power of Attorney could add up to anywhere from two hundred to five hundred dollars, based on your location. When you use Rocket Lawyer, you aren't just filling out a Power of Attorney template. If you ever need help from a lawyer, your Rocket Lawyer 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 edit it, save it as a Word or PDF file, and print it. When you are ready to finalize your Power of Attorney, it should be signed. Be sure to send a copy of the fully signed document to your agent(s), financial institutions, and other impacted parties.

The requirements and restrictions vary in each state; however, in Mississippi, your document will require notarization. If your agent will have the authority to manage real estate transactions, the Power of Attorney will need to be acknowledged by a notary and recorded or filed with the county.

See Mississippi Power of Attorney law: Title 87, Ch. 3