A Massachusetts Statutory Power of Attorney Form allows a principal to allocate themselves an agent. The role of the agent concerns financial tasks including plans concerning properties or businesses of the principal. The agent must work to fulfill the wishes and respect the desires of the principal. To make sure the agent does this, the principal should firstly communicate with the agent to get across the specific details. The agent themselves must be carefully chosen by the principal which is why agents are usually relatives or close friends. It is however important to take note that with this form, the agent can still legally execute their powers despite situations when a principal cannot communicate themselves anymore and become incapacitated.
An equally important consideration when forming a Massachusetts Statutory Power of Attorney are the signatures. In Massachusetts, there is actually no legislation concerning signing requirements - this is not to say that this should be ignored. We still highly recommended signing when a notary public is present or before witnesses.
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