Arkansas Power of Attorney Forms

Arkansas Power of Attorney Forms

An Arkansas power of attorney form lets a person select an “agent” to perform certain matters on their behalf, such as signing a document or moving money in their financial accounts. In order for the form to be completely effective, it must be signed and notarized. The agent (person receiving power) does not need to sign the document in order for it to be considered legitimate.

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Types (6)

Durable

A durable power of attorney is an estate planning instrument that lets the principal assign financial decision-making authority to a trusted agent. Because the form is durable, the agent retains their powers even after the principal becomes incapacitated.

 

General (Financial)

A general power of attorney appoints an agent to oversee the principal’s financial matters, including banking, real estate, and business operations. The agent’s authority terminates immediately upon the principal’s incapacitation or death.

 

Limited (PDF)

A limited power of attorney authorizes an agent to perform only the specific duties outlined in the document. This form is well-suited for one-time transactions, such as withdrawing funds from a bank account or signing a contract.

 

Medical

A medical power of attorney gives a designated agent the right to convey the principal’s health care preferences when the principal is unable to do so. The form ensures that treatment decisions align with the principal’s values and wishes.

 

Minor Child

A minor child power of attorney establishes a temporary legal arrangement for an individual to assume responsibility for a child’s daily care. The appointed person may handle matters related to education, medical visits, and general welfare.

 

Motor Vehicle

A motor vehicle power of attorney enables an agent to act on the vehicle owner’s behalf for tasks such as selling, purchasing, or transferring the title of a motor vehicle through the Arkansas DMV.

 

Signing Requirements

Type Requirement
Durable Signed by the principal and acknowledged before a notary public or other authorized individual.[1]
General (Financial) The principal must execute the document and have their signature notarized.[1]
Limited Requires the principal’s signature with notarial acknowledgment to be considered valid.[1]
Medical The principal must sign in the presence of 2 competent adult witnesses, or alternatively, have the document notarized. At least 1 witness cannot be related to the principal or entitled to any part of the estate.[2]
Minor Child Must be signed by the parent or guardian. No specific statute governs execution, but notarization is strongly recommended.
Motor Vehicle The vehicle owner must sign the form, and notarization is required.