North Carolina Power of Attorney
North Carolina Power of Attorney
I. Identification of Parties
This Power of Attorney is made on [Effective Date], by [Your Name], residing at [Your Address], hereinafter referred to as the "Principal," and [Agent's Name], residing at [Agent's Address], hereinafter referred to as the "Agent."
II. Scope Authority
The Principal hereby grants the Agent the authority to act on their behalf in managing and making decisions regarding financial matters, property transactions, healthcare decisions, legal affairs, personal welfare, and any other affairs deemed necessary for the well-being and interests of the Principal."
III. Effective Date and Duration
This Power of Attorney shall be effective as of [Effective Date] and shall remain in effect until revoked by the principal."
IV. Revocation Clause
The Principal reserves the right to revoke this Power of Attorney at any time by providing written notice to the Agent. Such revocation shall be effective upon the Agent's receipt of the notice.
V. Specific Powers
The Agent is specifically authorized:
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Conduct banking transactions on behalf of the principal, including but not limited to, depositing and withdrawing funds, transferring funds between accounts, and managing account balances.
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Engage in real estate transactions, including buying, selling, leasing, and managing real property owned by the principal.
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Sign legal documents, contracts, and agreements on behalf of the principal, including but not limited to, business contracts, leases, loan agreements, and any other legal documents necessary for the principal's affairs.
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Make healthcare decisions and provide consent for medical treatment on behalf of the principal, if granted healthcare power of attorney.
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Manage investments, including buying, selling, and trading securities, stocks, bonds, and other financial instruments, as deemed appropriate by the Agent.
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Access and manage digital assets, including online accounts, digital files, and social media profiles, by the principal's wishes.
VI. Incapacity Provisions
If the Principal becomes incapacitated or unable to make decisions, this Power of Attorney shall remain in effect unless and until revoked by the Principal or terminated by operation of law.
VII. Governing Law
This Power of Attorney shall be governed by and construed by the laws of the State of North Carolina.
VIII. Miscellaneous Provisions
Any actions taken by the Agent in good faith under this Power of Attorney shall be binding on the Principal and their successors.
IN WITNESS WHEREOF, I have executed this Power of Attorney Decisions on this [DAY] day of [MONTH, YEAR].
Principal:
[Your Name]
Agent:
[AGENT'S NAME]
Witness Acknowledgement
We, the undersigned witnesses, affirm that the parties signing this North Carolina Power Of Attorney appeared before us, declared that they understood the contents of the document, and signed it willingly in our presence.
Witness 1:
[WITNESS 1 FULL NAME]
[DATE]
Witness 2:
[WITNESS 2 FULL NAME]
[DATE]
Notary Acknowledgement
On this _____ day of _____ before me, a Notary Public in and for said county and state, personally appeared [Your Name], known to me (or satisfactorily proven) to be the person whose name is subscribed to the foregoing instrument, and acknowledged that he/she executed the same for the purposes therein contained.
Witness my hand and official seal.
[NOTARY PUBLIC'S NAME]
My Commission Expires:
