Chicago Power of Attorney
Chicago Power of Attorney
I, [Your Name], of [Your Address], the City of Chicago, County of Cook, State of Illinois, herein referred to as the "Principal", do hereby appoint [Agent's Name], residing at [Agent's Address], referred to herein as the "Agent," to act as my attorney-in-fact ("Agent") to perform the following powers and duties, subject to the terms and conditions herein.
Purpose
This Power of Attorney is granted to authorize the Agent to manage and make decisions regarding the Principal's personal affairs, including but not limited to, the matters outlined below:
Personal Affairs
The Agent is authorized to act on behalf of the Principal in the following personal matters:
1. Financial Management
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To handle banking transactions, including but not limited to, depositing and withdrawing funds, writing checks, and managing bank accounts.
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To pay bills, debts, and other financial obligations on behalf of the Principal.
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To manage investment accounts, stocks, bonds, and other securities owned by the Principal.
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To file taxes and represent the Principal before tax authorities, including signing tax returns and providing necessary documentation.
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Insurance Management
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To manage insurance policies owned by the Principal, including but not limited to, health insurance, life insurance, property insurance, and automobile insurance.
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To file insurance claims, communicate with insurance companies, and make decisions regarding insurance coverage.
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Property Management
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To manage real estate owned by the Principal, including buying, selling, renting, leasing, or otherwise dealing with real property.
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To maintain and make decisions regarding the Principal's personal property, including household items, vehicles, and valuable possessions.
4. Digital Accounts
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To access and manage the Principal's digital accounts, including email, social media, online banking, and other online platforms.
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To handle digital assets, including cryptocurrencies, domain names, and intellectual property rights owned by the Principal.
Term
This Power of Attorney will begin on [EFFECTIVE DATE] and will remain effective until [EXPIRATION DATE] unless otherwise terminated by the Principal or by operation of law.
Revocation
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 written notice.
Governing Law
This Power of Attorney shall be governed by and construed following the laws of the State of Illinois.
Signature
[Your Name]
[Date Signed]
[Agent's Name]
[Date Signed]
Witness Acknowledgement
We, the undersigned witnesses, hereby acknowledge that Principal's Name has signed and executed this Power of Attorney in our presence on [Date].
Witness 1:
[Witness 1: Full Name]
[Date Signed]
Witness 2:
[Witness 2: Full Name]
[Date Signed]
Notary Acknowledgement
State of Chicago
County of [County Name]
On this [Date] day of [Day], [Year], before me, a Notary Public, personally appeared Principal's Name, known to me (or proved to me based on satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within the instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies) and that by his/her/their signature(s) on the instrument, the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.
Witness my hand and official seal:
[Notary Public's Name]
