Alabama Durable Financial Power of Attorney Form | |
An Alabama durable financial power of attorney is a form that allows a principal to choose someone else to act in their place for monetary-related activity. The principal will be required to initial every right they would like to grant to the agent and must be presented every time it is used. This document would be particularly helpful in providing written information regarding the wishes of the principal should a crisis arise, the principal becomes incapacitated or in need of assistance to maintain financial matters during a serious disability and/or end-of-life situation.
Signing Requirements
Required to be signed in the presence of a notary public.
“Durable” Definition
(2) “Durable,” with respect to a power of attorney, means not terminated by the principal’s incapacity.
Statutory Form
- § 26-1A-301 (Power of attorney)
- § 26-1A-302 (Agent certification)