Statutory Power of Attorney Form - Alaska

Statutory Power of Attorney Form - Alaska

An Alaska Statutory Power of Attorney Form is made when a principal decides to delegate themselves an agent with the rights to make certain financial or business decisions whilst representing their interests. This document can also be applied if the individual in question is no longer in a fit form to make choices independently - an important factor to consider when selecting a person. An agent must be completely trusted which is why in the majority of cases a trusted friend or relative is picked.

Once the Alaska Statutory Power of Attorney is signed off (which should take into account any local requirements concerning the signing of the document) it should be put away in an appropriate place where it can easily be retrieved should there be such a need.

Local laws in Alaska are particularly clear about their signing requirements. The principal should have their signature confirmed by a notary public. If this requirement is not met, the document cannot be considered legally binding.


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