New Mexico Power of Attorney Templates

A New Mexico Power of Attorney is a legal document that allows an individual (referred to as the "principal") to grant authority to another person or entity (referred to as the "attorney-in-fact" or "agent") to act on their behalf in certain matters. The Power of Attorney can be used for various purposes, including but not limited to:

1. Managing financial affairs: The principal can authorize the agent to handle their financial matters, such as banking transactions, real estate transactions, paying bills, and managing investments.
2. Medical decisions: The principal can grant the agent the authority to make healthcare decisions on their behalf, including medical treatment choices, consent for surgeries, and access to medical records.
3. Legal representation: The principal can appoint an agent to handle legal matters like signing contracts, filing lawsuits, or representing them in legal proceedings.
4. Vehicle transactions: A specific type of Power of Attorney, known as the MVD-11020 Limited Durable Power of Attorney, is used for granting authority to handle motor vehicle-related transactions in New Mexico, such as transferring vehicle ownership or registering a vehicle. It is important to note that the scope and duration of the Power of Attorney can vary depending on the specific document and the preferences of the principal. It is recommended to consult with an attorney to determine the specific purpose and requirements for the desired Power of Attorney document.