Arizona Durable Power of Attorney Form
The Arizona Durable (Financial) Power of Attorney is a document that outlines an arrangement whereby a person (called the “Agent”) agrees to act on behalf of a party known as the “Principal”. The agent is responsible for handling their financial affairs, which can be as broad or narrow as the principal desires. Common financial tasks that may be carried out by the agent include the transfer of assets, payment of bills, and collection of retirement benefits. The durable nature of this form means that its terms will continue unchanged in the case the principal becomes incapacitated.
Revoking an Agent’s Power: Arizona Revocation of Power of Attorney
Laws: § 14-5501
Signing requirements: Must be signed by one (1) witness and a Notary Public.