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Power of Attorney
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
Pro Bono & Offices
Pro Bono Offices Unemployment Offices Employment Departments Victim Assistance Centers Courts Bar Associations District Attorney Offices Departments of Justice Attorney Generals
Free Legal Advice
Pro Bono Services Unemployment Benefits Free Legal Aid Retaining a Lawyer ACLU Types of Lawyers
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Power of Attorney
Durable POA
Michigan Durable (Financial) Power of Attorney Form

Michigan Durable (Financial) Power of Attorney Form

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A Michigan durable power of attorney is a legal document that enables an individual ("principal") to appoint another person ("agent") to manage specific or all aspects of their financial affairs. This arrangement is often sought by those who wish to ensure that their financial matters are handled by someone they trust in the event of incapacitation.

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Signing Requirements

Two witnesses or a notary public.

Laws

Michigan Uniform Power of Attorney Act (§§ 556.201—556.505)

Statutory Form

The Michigan Compiled Laws includes a sample statutory form for a durable power of attorney.
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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.