eForms Logo

Connecticut General (Financial) Power of Attorney

A Connecticut general power of attorney (GPOA) enables a person to grant specified financially related decision-making powers to an agent. The agent selected has a fiduciary duty to act in the principal's best interest during their appointment (C.G.S.A. § 1-350m). If the principal should become incapacitated, the GPOA will become invalid.
PDF
Word
ODT
4.6 Stars | 16 Ratings
Downloads: 311

Laws

  • Durable – A power of attorney document is durable unless it expressly provides 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 – The Principal’s signature must be acknowledged by a notary public.[3]
  • Affidavit Used When POA Becomes Effective – If the principal specifies that the date or event causing the power of attorney to become effective must be recorded in an affidavit, Connecticut law provides a standard form of affidavit that may be used.