In California, any person signing a California Statutory Power of Attorney Form will legally document the fact that a principal permits specific financially related powers to their selected agent. This document can also be used in situations when the principal is no longer in a fit state of mind to make decisions for themselves. For this reason, it is important that the individual selected to become the agent is someone that the principal can trust with their finances. The agent must act fairly and in the best interests of the principal.
To create a legally accepted California Statutory Power of Attorney that will hold legal weight, it is important to sign the document accordingly taking into consideration all requirements. The requirements in California stipulate that the document must be signed by the principal before a notary public. The agent is also required to sign, but their signature does not need to be authorized by a notary public.
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