Durable Power of Attorney
Designate a trusted person to manage your financial and legal affairs if you become unable to do so yourself.
Review the example, then fill in your own details using the interactive form. Subscriber features include auto-population from your saved checklists.
Important: A Power of Attorney is a legally binding document. We strongly recommend having it reviewed by a qualified attorney. Find a Legal Professional
Reviewing a sample Power of Attorney with example data highlighted in yellow.
DURABLE POWER OF ATTORNEY
For Financial and Legal Matters
ARTICLE I — PRINCIPAL
I, Robert James Thompson, residing at 742 Evergreen Terrace, Phoenix, AZ 85001, born on March 15, 1952, being of sound mind and under no duress or undue influence, do hereby declare this to be my Durable Power of Attorney for financial and legal matters.
ARTICLE II — APPOINTMENT OF AGENT
I hereby appoint David Michael Thompson, residing at 1234 Oak Street, Scottsdale, AZ 85251, my son, as my Agent (Attorney-in-Fact) to act on my behalf in all financial and legal matters as specified herein.
Agent's contact: (602) 555-1234 | david.thompson@email.com
ARTICLE III — ALTERNATE AGENT
If my designated Agent is unable or unwilling to serve, I appoint Susan Thompson-Clark, residing at 5678 Maple Avenue, Mesa, AZ 85201, my daughter, as my Alternate Agent with the same powers and authority.
ARTICLE IV — POWERS GRANTED
I grant my Agent the following powers to act on my behalf:
- ✓ Banking & Financial: Access, manage, and conduct transactions on all bank accounts, investment accounts, and retirement accounts.
- ✓ Real Property: Buy, sell, lease, manage, and maintain any real estate I own.
- ✓ Personal Property: Buy, sell, and manage tangible and intangible personal property.
- ✓ Tax Matters: Prepare, sign, and file tax returns; handle IRS and state tax matters.
- ✓ Insurance: Manage insurance policies, file claims, and collect benefits.
- ✓ Government Benefits: Apply for and manage Social Security, Medicare, Medicaid, and other government benefits.
- ✓ Legal Proceedings: Initiate, defend, or settle legal claims and proceedings on my behalf.
- ✓ Business Operations: Manage any business interests I hold.
ARTICLE V — EFFECTIVE DATE & DURABILITY
This Power of Attorney shall become effective immediately upon execution and shall not be affected by my subsequent disability or incapacity. This is a durable power of attorney as defined under applicable state law.
ARTICLE VI — LIMITATIONS
My Agent shall NOT have the power to: make gifts of my property (except for customary gifts not exceeding $500 per recipient per year), change beneficiary designations on my life insurance or retirement accounts, or create, amend, or revoke my will or trust.
ARTICLE VII — AGENT COMPENSATION
My Agent shall be entitled to reasonable compensation for services rendered and reimbursement of reasonable expenses incurred while acting under this Power of Attorney.
ARTICLE VIII — REVOCATION
I reserve the right to revoke this Power of Attorney at any time by written notice to my Agent. This Power of Attorney shall terminate upon my death or by order of a court of competent jurisdiction.
ARTICLE IX — GOVERNING LAW
This Power of Attorney shall be governed by the laws of the State of Arizona.
SIGNATURES
Principal:
Robert James Thompson
Date
Agent Acceptance:
David Michael Thompson
Date
Witnesses:
Witness 1 Signature
Name: Michael R. Anderson
Address: 321 Pine St, Phoenix, AZ
Witness 2 Signature
Name: Patricia L. Nguyen
Address: 654 Elm Ave, Phoenix, AZ
Notary Acknowledgment
State of Arizona, County of Maricopa
On this _____ day of _______________, 20____, before me, a Notary Public, personally appeared
Robert James Thompson, known to me (or proved on the basis of satisfactory evidence)
to be the person whose name is subscribed to the within instrument, and acknowledged that they executed the same in their authorized capacity.
Notary Public
My commission expires: _______________
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DURABLE POWER OF ATTORNEY
For Financial and Legal Matters
ARTICLE I — PRINCIPAL
I, , residing at , born on , being of sound mind and under no duress or undue influence, do hereby declare this to be my Durable Power of Attorney for financial and legal matters.
ARTICLE II — APPOINTMENT OF AGENT
I hereby appoint , residing at , my , as my Agent (Attorney-in-Fact) to act on my behalf in all financial and legal matters as specified herein.
Agent's contact: |
ARTICLE III — ALTERNATE AGENT
If my designated Agent is unable or unwilling to serve, I appoint , residing at , my , as my Alternate Agent with the same powers and authority.
ARTICLE IV — POWERS GRANTED
I grant my Agent the following powers (check all that apply):
ARTICLE V — EFFECTIVE DATE & DURABILITY
This Power of Attorney shall become effective:
This Power of Attorney shall not be affected by my subsequent disability or incapacity. This is a durable power of attorney as defined under applicable state law.
ARTICLE VI — LIMITATIONS
My Agent shall NOT have the power to: make gifts of my property (except for customary gifts not exceeding $ per recipient per year), change beneficiary designations on my life insurance or retirement accounts, or create, amend, or revoke my will or trust.
Additional limitations (optional):
ARTICLE VII — AGENT COMPENSATION
My Agent shall be entitled to reasonable compensation for services rendered and reimbursement of reasonable expenses incurred while acting under this Power of Attorney.
ARTICLE VIII — REVOCATION
I reserve the right to revoke this Power of Attorney at any time by written notice to my Agent. This Power of Attorney shall terminate upon my death or by order of a court of competent jurisdiction.
ARTICLE IX — GOVERNING LAW
This Power of Attorney shall be governed by the laws of the State of .
SIGNATURES
Principal:
Date
Agent Acceptance:
Date
Witnesses:
Witness 1 Signature
Witness 2 Signature
Notary Acknowledgment
State of ,
County of
On this _____ day of _______________, 20____, before me, a Notary Public, personally appeared
the Principal named above, known to me (or proved on the basis of satisfactory evidence)
to be the person whose name is subscribed to the within instrument, and acknowledged that they executed the same in their authorized capacity.
Notary Public
My commission expires: _______________
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