Arkansas Statutory Power of Attorney
Arkansas Statutory Power of Attorney
I, [YOUR NAME], residing at [YOUR ADDRESS] in the State of Arkansas, being of sound mind, memory, and understanding, do hereby make, constitute, and appoint [ATTORNEY-AT-LAW's NAME] as my true and lawful attorney-in-fact. I empower them to act in, manage, and conduct all my affairs concerning:
I. Manage Financial Accounts
In my name, [ATTORNEY-AT-LAW's NAME] is authorized to sell, invest, and manage all money and property, real and personal, that I own at the time of my death. This authority extends to the proceeds of any life insurance policy or other benefits payable upon my death, for the benefit of my estate.
II. Make Healthcare Decisions
I hereby grant the authority to make health care decisions on my behalf, consistent with my previously documented wishes, to [ATTORNEY-AT-LAW's NAME]. This authority comes into effect in situations where I am unable to participate in medical treatment decisions due to illness, unconsciousness, or any other circumstance where I may be mentally or physically incapable of making such decisions myself.
III. Handle Property Transactions
I have granted [ATTORNEY-AT-LAW's NAME] the legal authority to lease, sell, mortgage, buy, swap, and protect all my current and future real and personal properties, and to manage my estate.
IV. Pay Bills
I hereby give my full consent and authorization to [ATTORNEY-AT-LAW's NAME] to employ and take full advantage of my financial assets to settle regular, everyday expenditures that are incurred and additionally complete any necessary payments that need to be made on my account and in my stead.
V. Represent in Legal Matters
I have authorized [ATTORNEY-AT-LAW's NAME] to manage contract signings, resolve complaints, hire specialists including other attorneys, and act on my behalf in all legal issues and proceedings, including court cases.
Signature Section
This Power of Attorney is effective as of February 26, 2056, and, unless previously revoked, will continue until my death.
[YOUR NAME]
[ATTORNEY-AT-LAW's NAME]
WITNESS ACKNOWLEDGEMENT
We, the undersigned witnesses, hereby acknowledge that the above-named Principal has signed this Power of Attorney in our presence on the date stated above.
Witness 1:
[WITNESS 1 FULL NAME]
[DATE SIGNED]
Witness 2:
[WITNESS 2 FULL NAME]
[DATE SIGNED]
NOTARY ACKNOWLEDGEMENT
On this 26th day of February in the year 2056, before me, a Notary Public in and for the State of Arkansas, personally appeared [YOUR NAME], known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged that he executed the same for the purposes therein contained.
Witness my hand and official seal.
[NOTARY PUBLIC'S NAME]
My Commission Expires: [EXPIRATION DATE]
