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Making a North Carolina Power of Attorney
A North Carolina Power of Attorney (PoA) is a legal document that gives a selected individual permission to manage financial matters on your behalf, such as selling real estate, accessing your bank account(s), and signing contracts.
The individual granting control is called the "principal," and the people or organizations receiving authority are called the "agents." Suited for North Carolina residents, this Power of Attorney can be used in Guilford County, Mecklenburg County, Wake County, and in every other part of the state. All North Carolina Power of Attorney forms from Rocket Lawyer can be tailored to address your specific scenario. This essential document will provide confirmation to financial institutions and other parties that your chosen representative can sign documents or take other actions for you when you are not present or able.
It's quick and easy to grant or receive the authority you need with a free North Carolina Power of Attorney template from Rocket Lawyer:
This solution, in many cases, would be notably less expensive than finding and working with a traditional provider. If needed, you can prepare a PoA on behalf of an elderly parent, a spouse, or another relative, and then have that person sign it once you've drafted it. Keep in mind that for this document to be valid, the principal must be an adult who is mentally competent at the time of signing. If the principal is already incapacitated and unable to make their own decisions, a court-appointed conservatorship generally will be necessary. When managing such a situation, it is important to talk to a lawyer.
Anyone who is over 18 ought to have a Power of Attorney. While it may be unpleasant to acknowledge, there will likely come a time when you are no longer able to make important decisions on your own. There will also be moments when you're merely out of pocket. Here are some common situations in which you may find power of attorney to be helpful:
Regardless of whether your North Carolina Power of Attorney has been prepared as part of a forward-looking plan or created as a result of an emergency, witnesses and/or notarization can often help to protect your agent if their authority is disputed.
Power of Attorney documents can be categorized in multiple ways. They are primarily dependent on how long the powers will remain in effect, when they will come into effect, and what they will offer authority over. Most often, you will see them defined in four buckets:
When producing your free North Carolina Power of Attorney with Rocket Lawyer, you may decide to have the power begin upon signing, on a desired day, or only at the point when you're no longer capable. The Power of Attorney may end either on a specific date or when you pass away.
North Carolina Power of Attorney forms are usually simple to make, but you or your agent(s) could need advice. Seeking out an attorney to proofread your North Carolina Power of Attorney can be time-intensive and relatively expensive. A more cost-effective alternative is via Rocket Lawyer attorney services. As a Premium member, you can get your document looked at by an experienced attorney. As always, you can rest assured that Rocket Lawyer is by your side.
The cost of working with a lawyer to produce a Power of Attorney could total anywhere from two hundred to five hundred dollars. Unlike the other websites that you may come across, Rocket Lawyer offers more than a Power of Attorney template. If you ever need help from a lawyer, your Premium membership offers up to 40% in savings when you hire an attorney from our On Call network.
After creating your document with Rocket Lawyer, you will have the ability to open it anytime, anywhere. You are encouraged to take any or all of these actions related to your document: editing it, downloading it as a PDF document or Word file, printing it out, and/or signing it. Your Power of Attorney will come with a set of tips to follow while finalizing your document. Your agent(s) and financial institutions should receive a copy of your fully executed document.
The rules for PoA forms will be different in each state; however, in North Carolina, your Power of Attorney will need to be signed by a notary public. If your agent(s) will have the ability to manage real estate transactions, the Power of Attorney must be signed by a notary public and recorded with the county.
See North Carolina Power of Attorney law: Chapter 32C