Missouri Durable (Financial) Power of Attorney Form
The Missouri Durable (Financial) Power of Attorney is a form that documents an individual’s decision to grant another party (their Agent/Attorney-in-Fact) with the legal capacity to perform certain financial tasks for them. The individual, legally named the “Principal”, agrees to bestow decision making powers to their Agent so that they can effectively carry out all of the tasks entailed by their role. It should be noted that this form includes legally-binding terms regarding its durability, meaning that the Agent will not be required to relinquish their role and powers if the Principal one day becomes incapacitated.
State Laws & Signing Requirements
State Laws – Durable Power of Attorney
Signing Requirements – There are no state-mandated signing requirements dictated by Missouri law for a Missouri Durable (Financial) Power of Attorney Form to be put into effect. It is, however, strongly recommended that a POA is signed by the Principal before a Notary Public and two (2) witnesses.