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Making a Rhode Island Power of Attorney
A Rhode Island Power of Attorney (PoA) is a legal document that gives a selected individual or entity permission to handle legal matters on your behalf, such as buying or selling property, signing contracts, and accessing bank accounts.
The person granting control is known as the "principal," and the people or organizations obtaining powers are called the "agents." Suited for residents of Rhode Island, our Power of Attorney can be used in Washington County, Providence County, Kent County, and in all other parts of the state. All Rhode Island PoA forms from Rocket Lawyer can be edited to address your unique situation. Creating this official document provides verification to financial institutions and other parties that your selected representative(s) can legally act in your interest.
It's simple and easy to give or get the authority you may need using a free Rhode Island Power of Attorney template from Rocket Lawyer:
This route is, in most cases, notably less expensive and less time-consuming than finding and hiring a conventional lawyer. If needed, you can prepare this PoA on behalf of a family member, and then have that person sign once you've drafted it. Please note that for a Power of Attorney to be legally valid, the principal must be a mentally competent adult when they sign. In the event that the principal has already been declared incompetent, a court-appointed conservatorship may be required. When facing such a situation, it would be important to speak with a lawyer.
Anyone who is over 18 years old should have a Power of Attorney. Although it's painful to acknowledge, there might come a time when you aren't able to deal with your day-to-day affairs by yourself. There may even be times when you're simply not available. Here are some typical occasions where you might find a PoA to be helpful:
Regardless of whether your Rhode Island Power of Attorney is being created in response to an unexpected issue or as part of a long-term plan, notarization and/or witnesses are highly recommended as a best practice for protecting your agent if someone questions their power and authority.
Power of Attorney documents can be categorized in multiple ways. They are mainly dependent on what powers are being granted, when they will come into effect, and how long they will remain valid. Most often, you'll see them organized into these four segments:
When generating your free Rhode Island Power of Attorney with Rocket Lawyer, you can opt to have the power begin on a selected day, immediately upon signing, or only at the time when you're not capable. The Power of Attorney may expire either on a specific date or when you die.
Rhode Island Power of Attorney forms are generally simple, but you might need advice. Getting someone to comment on your Power of Attorney might take a long time if you do it on your own. An easier approach could be via attorney services at Rocket Lawyer. Rocket Lawyer Premium members can ask for guidance from an experienced attorney or pose other questions. As always, you can live confidently knowing that Rocket Lawyer is here by your side.
The fees associated with hiring and working with a legal provider to generate a Power of Attorney can total anywhere from two hundred to five hundred dollars. Unlike many other sites you may come across, Rocket Lawyer offers more than a Power of Attorney template. If you ever require help from a lawyer, your Premium membership offers up to 40% in savings when you hire an attorney from our network.
With a Premium membership, you may edit it, save it as a Word or PDF file, or print it out. In order to make the PoA into a true legal document, you need to sign it. You will need to send a final copy of your signed document to your agent(s) and financial institutions.
The specifications and restrictions for PoA forms vary by state; however, in Rhode Island, your Power of Attorney will generally need notarization. If you intend to grant authority over real estate transactions or would like the PoA to remain in effect if/when you become incapacitated, then the document must be notarized or signed by two witnesses. If your agent will engage in real estate transactions, the Power of Attorney will need to be notarized and recorded with your county. Finally, as a basic rule, witnesses will need to be at least 18 years old, and none of them should also be named as your PoA agent.
See Rhode Island Power of Attorney law: Chapter 18-16