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Making a Wyoming Power of Attorney
A Wyoming Power of Attorney (PoA) is a legal document that gives a selected individual or entity the authority to manage your finances, such as accessing your bank account(s), signing contracts, and selling property.
The individual giving permission is known as the "principal," and the person or entity receiving powers is called the "agent" or "attorney-in-fact." Suited for Wyoming residents, our Power of Attorney can be used in Campbell County, Laramie County, Natrona County, and in every other part of the state. All Wyoming Power of Attorney forms from Rocket Lawyer can be fully personalized for your unique circumstances. With this official legal document on hand, your representative(s) will be able to provide confirmation to financial institutions and other parties that they can legally sign documents or take other actions for you.
It is very easy to grant or receive the support you might need with a free Wyoming Power of Attorney template from Rocket Lawyer:
This solution will often end up being much more affordable and convenient than meeting and hiring a conventional attorney. If necessary, you may prepare a PoA on behalf of your spouse or another family member, and then have them sign it once you've drafted it. Please note that for a Power of Attorney to be legally valid, the principal must be mentally competent when they sign. If the principal is already incapacitated and unable to make their own decisions, a conservatorship generally will be required. When dealing with such a scenario, it's best to connect with an attorney.
Every person over 18 years old should have a Power of Attorney. Although it is unpleasant to acknowledge, a day could come when you are no longer able to make legal decisions on your own. There will even be times when you're merely unavailable. Common situations where power of attorney can be helpful include:
Regardless of whether this Wyoming Power of Attorney is being produced as a result of an emergency or as part of a long-term plan, notarization and/or witnesses will often help to protect your document if a third party doubts its authenticity.
Power of Attorney documents can be classified in multiple ways. They are largely based on what powers are given, when they will come into effect, and how long they will remain valid. Frequently, you may see them defined in the four segments below:
When generating your free Wyoming Power of Attorney with Rocket Lawyer, you can elect to have the agent's power start immediately, on a selected day, or only at the point when you are no longer capable. The Power of Attorney can expire either when you pass away or on a specific date.
Wyoming Power of Attorney forms are normally easy to make; however, you might need advice. The answer can vary depending on whom you reach out to, but quite often some attorneys may not even agree to review documents that they did not write. An easier approach would be via the On Call network. When you sign up for a Premium membership, you have the ability to ask for a document review from an On Call attorney with relevant experience or ask other legal questions about your Power of Attorney. As always, we're here to support you.
The cost of hiring a law firm to make a Power of Attorney might total anywhere between two hundred and five hundred dollars. Rocket Lawyer isn't a run-of-the-mill Power of Attorney template provider. With us, anyone under a Premium membership has access to up to a 40% discount when hiring an attorney from our On Call network.
With a membership, you can make edits, download it as a Word document or PDF file, and/or print it. In order to finish up your Power of Attorney, it should be signed. Your agent(s) and financial institutions should get a copy of the fully executed document.
The specifications and restrictions for PoA forms are different by state; however, in Wyoming, your document will require notarization. If your agent will have the authority to handle real estate transactions, the Power of Attorney will need to be signed by a notary and recorded with your county.
See Wyoming Power of Attorney law: Title 3, Ch. 9