An Arkansas power of attorney is a legal document that allows an individual (known as the principal) to appoint someone else (known as the agent) to make important decisions on their behalf. The agent can be assigned to handle any legal matter, but the most common areas where the agent may have responsibility are finances and healthcare.
What is the Definition of “Power of Attorney”?
Definition by the Uniform Power of Attorney Act:
“A “Power of attorney” is a document that gives an agent the authority to act on behalf of the principal.”
Source: Section 102(7)
Power of Attorney Flow Chart
Why use a Power of Attorney POA?
- Plan for the future by using a reliable Power of Attorney form template. You can download the PDF or Word document for free to provide peace of mind for yourself and your loved ones.
- This form covers decisions made on your behalf, estate planning, real estate, the agent or attorney in fact, types of powers of attorney (including durable, limited, and springing), family members, care power of attorney, bank accounts, health care power, and more.
- Use this form to grant power to act on your behalf in financial and real estate matters. It’s essential for ensuring that your wishes are carried out in the future.