Florida General Durable Power Of Attorney
However there are certain exceptions specified in florida law when a durable power of attorney.
Florida general durable power of attorney. Tile xii section 709 08 of florida statute governs the law for the general durable power of attorney form in florida you as signing principal offer broad and sweeping powers to your attorney in fact to make decisions on your behalf for financial health care insurance and motor vehicle affairs. Florida durable power of attorney form represents a way in which an individual or principal can have someone act for them with regard to their finances and other areas of life the durable type of poa stays in effect even if the principal ends up in a situation where he or she cannot think or act or communicate. The florida general power of attorney form allows for the same rights for an agent as the durable which is to act in the principal s best interest for any financial matter legal within the state. The florida general power of attorney form allows for the same rights for an agent as the durable which is to act in the principal s best interest for any financial matter legal within the state.
A power of attorney terminates if the principal becomes incapacitated unless it is a special kind of power of attorney known as a durable power of attorney a durable power of attorney remains effective even if a person becomes incapacitated. At such a point the document would become void. The term durable refers to the document remaining valid if the principal should become incapacitated ex. The difference lies in the fact that the general form does not remain valid if the principal loses decisional capacity.
The florida durable power of attorney form is used by a person seeking to choose someone else to handle financial transactions on their behalf this is common for senior citizens that elect family members to handle their banking taxes and real estate.