Free Execution Clause Under Power of Attorney Template
Execution Clause Under Power of Attorney
I, [Your Name], residing at [Your Address], hereby appoint [Agent's Name], residing at [Agent's Address], as my attorney-in-fact (hereinafter referred to as "Agent") to act on my behalf in all matters pertaining to:
1. Financial Matters
To manage, control, and conduct all of my financial affairs, including but not limited to:
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Banking transactions
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Purchasing or selling assets
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Managing investments
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Paying bills and expenses
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Filing taxes and dealing with tax matters
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Accessing safe deposit boxes
2. Real Estate
To buy, sell, lease, mortgage, or otherwise manage and deal with any real estate or property that I may own or have an interest in, including:
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Signing deeds, contracts, and leases
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Managing rental properties
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Handling property taxes and insurance
3. Legal Proceedings
To represent me in legal matters, including:
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Initiating, defending, or settling lawsuits
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Signing legal documents on my behalf
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Accessing legal advice and representation
4. Healthcare Decisions
To make healthcare decisions for me, including but not limited to:
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Medical treatment
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Surgery
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Hospitalization
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Medication
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End-of-life decisions
5. Personal and Family Matters
To handle personal and family-related matters, including:
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Applying for government benefits or assistance
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Managing social security or pension benefits
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Accessing medical records and information
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Making decisions regarding education or care for dependents
The powers granted to my Agent shall include full authority to do and perform any act that I could do personally if I were present and competent, except [specific limitations, if any].
Duration and Revocation
This Power of Attorney shall become effective immediately and shall remain in full force and effect unless revoked by me in writing. I reserve the right to revoke or amend this Power of Attorney at any time, provided that such revocation or amendment is made in writing and delivered to my Agent.
Third-Party Reliance
Any third party who receives a copy of this Power of Attorney may rely on it until they receive written notice of its revocation or termination.
Execution
Upon my signature, [Your Name], this Power of Attorney shall take effect immediately and shall continue in force until explicitly revoked in writing.
[YOUR NAME]
[DATE]
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]
Witness 2:
[Witness 2 full name]
[Date]
NOTARY ACKNOWLEDGEMENT
On this day of in the year , before me, a Notary Public in and for said County and State, personally appeared [Your Name], known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged that they executed the same for the purposes therein contained.
Witness my hand and official seal.
[Notary Public's Name]
My Commission Expires: