While the individual creating the document can legally specify the areas in which their selected attorney-in-fact may act, the most common authorities granted to the selected parties include but are not limited to:
– The overseeing of property, including buying and refinancing it
– Control over bank accounts
– Anything involving business matters
– Control of assets
Due to such powers’ sensitivity granted with the filing of a durable POA, it is highly advised that the creator of such a document use precaution and selects a trusted and responsible individual to act on their behalf.
North Carolina power of attorney templates – download more power of attorney documents for North Carolina together with instructions.
North Carolina Requirements
According to the North Caroline Statutes for all power of attorney forms, a North Carolina durable power of attorney form must be completed following the North Carolina Signing Requirements § 32C-1-105. The legal legislations and requirements outlined must be followed to be considered a legally binding document for the durable POA. As pointed out in this legislation, the document must comply with the upcoming requirements.
1. The North Carolina durable POA should include:
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- The name of the principal
- The name of their selected agent
- A selected alternative if the attorney-in-fact cannot or will not fulfill duties
- The confirmation of a power of attorney form requires a signature from the principal and a notary public. For its legal use, all signing requirements must be completed under the North Carolina Statutes mentioned above.
- If there is any property included in the document, the principal will need to make sure that it is registered with the North Carolina Registrar’s Office beforehand.