Utah General (Financial) Power of Attorney Form
The Utah General (Financial) Power of Attorney is a form that responds to state requirements for a non-durable Power of Attorney to be lawfully executed. Namely, as § 75-9-104 of the Utah Uniform Power of Attorney Act states, “A Power of Attorney created under this chapter is durable unless it expressly provides that it is terminated by the incapacity of the Principal.” The General Power of Attorney here achieves this by stating in clear terms of this intention from the Principal. This agreement also establishes terms that make it possible for a Principal to elect their own Agent who will be responsible for completing any financial transactions they with them to do in their stead.
State Laws & Signing Requirements
State Laws – Uniform Power of Attorney Act
Signing Requirements (§ 75-9-105) – A Principal based in Utah that wishes to enact a General Power of Attorney must be mindful that they are required to sign the form before either a) a Notary Public or b) another individual who has the authority to take acknowledgements.