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Arizona Durable (Financial) Power of Attorney Form

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Arizona Durable (Financial) Power of Attorney Form

Updated February 25, 2024

An Arizona durable (financial) power of attorney is a document that allows a person (the principal) to forward their decision-making power to another person (the agent) regarding financial matters. The form is especially useful if the principal can no longer make decisions for themselves due to mental instability. In this case, the agent would have ultimate control over the principal’s monetary matters and would be able to make any necessary decision as long as it is in the principal’s best interest.

Signing Requirements

The principal must sign with one (1) witness and a notary public. The witness cannot be the agent, the agent’s spouse, children, or the notary public.[1]

Versions (2)


Standard Version

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Maricopa County Version

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Required Language

Every durable power of attorney must contain the following language to illustrate the principal’s intent:[2]

This power of attorney is not affected by subsequent disability or incapacity of the principal or lapse of time.

or

This power of attorney is effective on the disability or incapacity of the principal.

Revocation

The death of the principal or the authorization of a revocation form by the principal cancels and terminates a power of attorney document.[3]

Statutory Form

There is no statutory form but the language regarding durable power of attorney is located here.[4]

Sources

  1. ARS § 14-5501(D)(3)
  2. ARS § 5501(B)(1)
  3. ARS § 14-5504(A)
  4. ARS § 14-5501