An Arizona power of attorney is a legal document that appoints a specific person to act in someone else’s place for financial, medical, or parental reasons. As an example, if a person is hospitalized after a car accident, this document allows his or her designated representative (“agent” or “attorney-in-fact”) to take over temporarily and administer their estate, deal with bank accounts, pay bills, and even make medical decisions if required. To complete, a person has to write the form and sign in accordance with State law.
Signing Requirements (§ 36-3224, § 36-3262): One (1) witness or a notary public.
Durable (Financial) Power of Attorney – If an individual becomes mentally incompetent due to illness or injury, it allows a grantor the ability to take over finances until the principal regains their mental faculties.
Signing Requirements (§ 14-5501): One (1) witness and a notary public.
General (Financial) Power of Attorney – Grants the agent the ability of someone else to be able to handle all financial matters on behalf of a principal. It does not remain valid if the principal becomes incapacitated.
Signing Requirements (§ 36-3224): One (1) witness or a notary public.
Minor Child Power of Attorney – Designates temporary guardianship over minor children for up to six (6) months unless the person is on active military duty, in which case they may extend that to one (1) year.
Real Estate Power of Attorney – Allows an individual, known as an ‘Agent’ or Attorney-in-Fact’, to handle purchasing, selling, or managing real estate.
Tax Power of Attorney (285-I) – Appoint a specific person, usually an accountant, that will handle all filings on behalf of an individual or entity with the Department of Revenue.