Filling out the South Carolina Durable POA
Once you have decided to use the South Carolina power of attorney form to assign some personal and financial duties to a designated agent, you can use the template available on our website. It is a state-approved template drafted in compliance with South Carolina legislation. Besides, you can use the online step-by-step form builder to compose your POA and download it.
The steps of South Carolina durable POA writing are as follows:
Stipulate the Parties
The first thing a POA document requires is to name the principal delegating their authority and the agent assuming that authority. Full personal data should be provided for each of the concerned parties, with full name, address, telephone number, and email for correspondence.
Indicate the Timeframe
The next section is titled “Effective Date,” meaning that the principal should provide exact timeframes for the POA’s effect. One option presupposes the POA’s immediate effect after signing, while the other one involves the activation of the agent’s responsibilities only after the principal’s incapacitation. The principal can place their initials for both options, meaning that the durable POA will come into effect after its signing and sealing, lasting after the principal’s incapacitation.
Determine the Agent’s Powers
Next comes the section of the agent’s powers and scope of authority delegated to them by the principal. Here, the principal needs to choose whether they give their agent access to their banking operations, safe deposit box, lending or borrowing operations, management of government benefits, insurance, taxes, and retirement schemes. The scope of duties also involves managing real estate, personal property, and paying for legal advice on the principal’s estate, etc. The principal should put their initials next to each section they confirm, leaving the sections they don’t authorize blank.
Signature and Seal
Once all sections are filled out, the time comes to sign the document. Two witnesses should be present during signing, and the notary public seals the document afterward to give it legal force. In the end, the principal copies the POA and gives the copies to all concerned parties.