South Carolina General Power of Attorney Form
The South Carolina General (Financial) Power of Attorney is a legally binding document that provides an agent with the ability to handle another person’s finances. The person that provides the powers and completes the form is called the “principal”. The principal can be any resident of South Carolina that is at least eighteen (18) years old.
Being a general form, the principal can grant nearly all financial powers to their agent if they so choose. This can include powers over banking, real estate, retirement accounts, taxes, government programs, investments, and more. While this document can remain in effect for as long as the principal wants, it cannot remain in effect if the principal becomes incapacitated. Being “incapacitated” is a medical term for being unable to communicate with those around them. Should the principal want to designate an agent that can continue making decisions if they are incapacitated, the durable document should be downloaded.
Agent duties: § 62-8-114
Signing requirements (§ 62-8-105): The principal must have their signature viewed by two (2) witnesses AND notarized by a Notary Public.