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All Types of POA Advance Directive Durable POA Medical POA General POA Limited POA Revocation of POA Motor Vehicle POA Springing POA Real Estate POA Minor POA State Tax Filing POA
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Pro Bono Offices Unemployment Offices Employment Departments Victim Assistance Centers Courts Bar Associations District Attorney Offices Departments of Justice Attorney Generals
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Power of Attorney
Durable POA
Arizona Durable (Financial) Power of Attorney Form

Arizona Durable (Financial) Power of Attorney Form

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An Arizona durable (financial) power of attorney is a legal document that enables an individual, known as the "principal," to appoint someone else, referred to as the "agent," to manage financial decisions on their behalf. This type of power of attorney becomes particularly important if the principal becomes unable to make their own decisions due to mental incapacity.

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Signing Requirements

One witness and a notary public.

Laws

§ 14-5501 to § 14-5507 (Powers of Attorney)

Statutory Form

There is no statutory form in Arizona. However, the statutes recognize the creation and validity of a durable power of attorney document.

Sources

  1. ARS § 14-5501(D)(3)
  2. ARS § 5501(B)(1)
  3. ARS § 14-5504(A)
  4. ARS § 14-5501
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Notice

The information and templates provided on this website are for general informational purposes only and are not a substitute for professional legal advice. While we strive to offer accurate and up-to-date forms, the legal landscape is complex and varies by jurisdiction. We strongly recommend that you consult with a qualified attorney for specific legal issues or questions. Using our templates does not create an attorney-client relationship, and we are not responsible for any actions taken based on the information provided here.

Most-used POA Types

The Significance of POA

Learn About the Importance of a POA
Learn About the Importance of a POA

The importance of a Power of Attorney (POA) cannot be overstated. It provides a crucial mechanism for individuals to ensure their wishes are respected, especially in times of incapacity or emergency.

By designating an agent, the principal can ensure that someone they trust will make decisions regarding their finances, healthcare, and legal matters. This can help prevent disputes among family members and ensure timely decision-making when needed. Additionally, having a POA in place can protect an individual’s interests, allowing for smooth management of affairs without the need for court intervention. Overall, a POA is a vital tool for planning and safeguarding one's future.