Power Of Attorney Florida

What is a power of attorney.

Power of attorney florida.

The florida durable power of attorney form is used by a person seeking to choose someone else to handle financial transactions on their behalf this is common for senior citizens that elect family members to handle their banking taxes and real estate. The financial power of attorney requirements in florida are found in the florida power of attorney act which begins with section 709 2101 of the florida statutes. Submit this form to your local tax collector office. Unlike many other states florida does not allow a springing power of attorney and does not provide an authorized form for a financial power of attorney.

Many people use this type of form when they know they are going to be away or they want to plan for a time when they may be incapacitated. The agent may act only as authorized by florida law and the terms. Each form serves a unique purpose. One may be used to assign a health care surrogate to oversee an individual s end of life care while another may be used to provide a tax accountant.

Florida power of attorney allows a resident to choose someone else an agent attorney in fact or surrogate to handle actions and decisions on their behalf. A springing power of attorney is one that does not transfer power to the agent until a future date. All powers of attorney created in florida after that date must transfer power immediately upon signature and execution or they are invalid. If the power of attorney was properly executed under the other state s laws then it may be used in florida but its use will be subject to florida s power of attorney act and other state laws.

Alzheimer s disease dementia. The term durable refers to the document remaining valid if the principal should become incapacitated ex. The person granting this authority under the poa is called the principal. State of florida department ofhighway safetyand motor vehicles devisionofmotorist services.

Florida power of attorney forms provides a way for a person to assign his or her legal authority over his or her financial and other matters to another person this allows the other person or agent to act on the person s or principal s behalf. Florida does not recognize a springing power of attorney created after september 30 2011. The simplest explanation is that a power of attorney is a document that gives someone called the agent or attorney in fact one or more authorities to act on behalf of someone else.