A Nebraska Statutory Power of Attorney Form is made when a principal wants to give out powers to an agent with the legal rights to make financial decisions on the behalf of the principal. This is usually applied when the principal is not in a fit state of mind to make such decisions for themselves.
After the Nebraska Statutory Power of Attorney is signed (do not forget to take into account the local legislation concerning signing requirements) it should be put away in a safe place where it can easily be found should there be such a need. It is crucial that the powers included in the document are carefully considered and worded in such a way as to avoid manipulation for purposes other than those intended.
Local legislation in Nebraska is quite clear about its signing requirements. The principal should sign before a notary public.
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