[Power of Attorney] North Carolina

[Power Of Attorney] North Carolina

Step 1 of 6

  • NORTH CAROLINA STATUTORY STATUTORY SHORT FORM POWER OF ATTORNEY

    NOTICE: THE POWERS GRANTED BY THIS DOCUMENT ARE BROAD AND SWEEPING. THEY ARE DEFINED IN CHAPTER 32C OF THE NORTH CAROLINA GENERAL STATUTES, WHICH EXPRESSLY PERMITS THE USE OF ANY OTHER OR DIFFERENT FORM OF POWER OF ATTORNEY DESIRED BY THE PARTIES CONCERNED.

    IMPORTANT INFORMATION

  • This power of attorney authorizes another person (your agent) to make decisions concerning your property for you (the principal). Your agent will be able to make decisions and act with respect to your property (including your money) whether or not you are able to act for yourself. The meaning of authority over subjects listed on this form is explained in the North Carolina Uniform Power of Attorney Act.

    This power of attorney does not authorize the agent to make health-care decisions for you.

    You should select someone you trust to serve as your agent. Unless you specify otherwise, generally the agent’s authority will continue until you die or revoke the power of attorney or the agent resigns or is unable to act for you

    Your agent is entitled to reasonable compensation unless you state otherwise in the Additional Provisions and Exclusions.

    This form provides for designation of one agent, a successor agent, and a second successor agent. If you wish to name more than one agent, successor agent, and second successor agent, you may name a coagent, successor coagent, or second successor coagent in the Additional Provisions and Exclusions. Coagents, successor coagents, or second successor coagents are not required to act together unless you include that requirement in the Additional Provisions and Exclusions.

    If your agent is unable or unwilling to act for you, your power of attorney will end unless you have named a successor agent. You may also name a second successor agent.

    This power of attorney becomes effective immediately.

    If you have questions about the power of attorney or the authority you are granting to your agent, you should seek legal advice before signing this form.