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Alabama General (Financial) Power of Attorney

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Alabama General (Financial) Power of Attorney

Updated March 11, 2024

An Alabama general power of attorney (GPOA) gives financial access and decision-making powers to another person (agent). The form is non-durable, which means it does not remain in effect if the principal becomes incapacitated (or not able to mentally make decisions on their own such as under Dementia, Alzheimer’s, etc.)

Laws

  • Durable – A power of attorney document is durable unless it specifically mentions that it is “terminated by the incapacity of the principal.”[1]
  • Incapacity – Means the inability of a person to manage their property or business affairs because of an impairment, is missing, detained (incarcerated), or is outside the United States and is unable to return.[2]
  • Signing Requirements – Must be notarized.[3]

Sources

  1. § 26-1A-102(5)
  2. § 26-1A-104
  3. § 26-1A-105