 | Pennsylvania General Financial Power of Attorney Form |
The Pennsylvania general financial power of attorney form is a legal document that is provided by a Principal to a trusted Agent to assist in caring for the personal and real property as well as use their financial accounts. Anyone who chooses to use this form should consider consulting with an attorney prior to completion and signature for their own peace of mind and the safety of your estate. Unless the Principal would state otherwise, this document will become immediately effective and shall remain in effect until revocation or death. The Principal must read through all of this document carefully and also carefully select the powers that they would choose to grant to their Agent.
This document must be signed before a Notary Public and two witnesses. The document may be revoked at any time. The revocation must be in writing and delivered or served to the Agent.
How to Write
Step 1 – Download the document – Read the information and checklist
Step 2 – Caution and Notice to Principal –
- Carefully review sections of this document prior to proceeding
- If the Principal understands the gravity of the document without the guidance of legal counsel:
- Provide the Principal’s Signature
- Enter the printed or typed name of the Principal
- Date the signature in mm/dd/yyyy format
Step 3 – Designation of Agent – Submit the following:
- The full name of the Principal
- The Principal’s full address
- AND
- The Agent’s full name
- The full address of the elected Agent
- Prior to signing of this document, it is absolutely vital that the Principal read the remainder of this section
- Since the document does not have any section to limit or restrict any of the powers listed, the Principal does have the option of adding a separate sheet, or as many as would be needed to provide written restrictions and or limitations. As well, the Principal may strike through any of the powers or statements that do they do not approve of. Be certain, if you strike any statements, initial them. If you add sheets and add them to this document, sign then, date them and have the notary notarize them to ensure that the Principal’s wishes will be respected. Keep the original copy and provide copies to family, health care providers, banks and financial institutions.
Step 4 – Revocation of Powers -Principal must read the brief statement:
- Principal must provide the date of the signature in mm/dd/yyyy
- Enter the name of the city in which the document is signed
- Submit the Principal’s Signature
Step 5 – Witnesses Signatures and Information – Two witnesses must witness, provide signature and information as follows:
- Witness Signature
- Printed or typed name
- City and State of residence
Step 6 – Notarization
Once the Notary Public has had the opportunity to witness the signatures needed to complete the document, the Notary will acknowledge the information by completing the required Notary Public information and shall affix the notary seal
