 | Kansas General Financial Power of Attorney Form |
The Kansas general financial power of attorney form is a document that allows a Principal to elect an Agent of their choosing to grant unlimited powers to be responsibly overseen and attended to, in the absence of the Principal. The powers transferred will not remain in effect in the even the Principal should become incapacitated or disability. The Agent will not be granted any powers to make medical decisions on behalf of the Principal and the Principal shall continue to have all of the rights to maintain their own financial affairs, regardless of their health or the fact that they do have an Agent.
The point of this agreement with regard to the Agent is to assist the Principal in caring for their financial decisions and to do so with the Principal’s best intentions to maintain the the wishes of the Principal. The Principal may, in fact, enter restrictions with regard to the powers involved with the financial decision making abilities.
This document must be notarized. The form may also be revoked if so decided by the Principal, by placing notice into writing and delivering the notice to the Agent(s)
How to Write
Step 1 – Important Titled Sections – The Principal must download the document and begin by reviewing the following titled sections:
- Notice
- Incapacitation
- Revocation
- Witness and Notary
Step 2 – The Parties – Enter the following information:
- Enter the Principal’s name
- Street Address
- City
- State
- AND
- Enter the name of the Attorney In Fact/Agent
- Street Address
- City
- State
- Enter the state in which the document will be exercised
- AND
- Enter the name of a Successor Attorney In Fact/Agent in the event the initial Agent becomes unwilling or unable to properly serve in this position
- Street Address
- City
- State
- Enter the state where the document will be used
Step 3 – More Titled Sections – The Principal and Agent(s) must carefully review the following:
- Terms and Conditions
- Third Parties
- Compensation
- Disclosure
Step 4 – Signatures – Must be signed by all parties, before a Notary Public:
- The Principal must enter their printed name
- Date that the document is being executed in dd/mm/yyyy format
- Review the remainder of the paragraph
- If in agreement, Principal must enter their signature
- AND
- The Agent must review the paragraph and begin by providing their printed name
- If the Agent is in agreement with the “Attorney In Fact” section, then the Agent must provide their signature
- Provide the date that the signature is being provided in mm/dd/yyyy format
- AND
- The Successor Agent (if any) must review the “Successor Attorney In Fact” section
- If the Successor Agent is in agreement, then they must enter their Signature
- Date the date in which the signature is being provided
Step 5 – Notary Acknowledgement –
The Notary Public will witness all of the signatures of all involved parties. Once all signatures have been witnessed by the notary, they will be required to enter all of the notary information in acknowledgement of the document and it’s signatories
Step 6 – Acknowledgement and Acceptance of Appointment as Primary Agent –
- The primary Agent must review the paragraph provided
- If, after review, the Agent agrees with the duties imposed, then they must enter their printed name
- Enter the Agent’s signature
- Enter the Date in which the Agent’s signature was provide
Step 7 – Successor Agent – The Agent must review their section of this document:
- If the Successor Agent is in agreement, they must first enter their printed name at the top of the paragraph
- Enter the Successor Agent’s signature
- Provide the date in which the document was provided in mm/dd/yyyy format
Step 8 – Witness Attestation (OPTIONAL) –
- The Witnesses must review the information pertaining to the Witness Attestation
- If the Witnesses are in agreement, enter the printed name of the witness in the first line of the paragraph
- Enter the Witnesses signatures (respectively)
