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Florida General (Financial) Power of Attorney

A Florida general power of attorney (GPOA) grants an agent the authority to handle financial matters for someone else (principal). It becomes invalid if the principal becomes incapacitated. The agent selected should be a trusted individual who will act in the principal's best interest while they are alive and able to think competently.
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Laws

  • Durable – A power of attorney is durable if it contains the words: “This durable power of attorney is not terminated by subsequent incapacity of the principal except as provided in chapter 709, Florida Statutes,” or similar words that show the principal’s intention is that the power of attorney will remain effective beyond their incapacity.[1]
  • Incapacity – Means the inability of an individual to take those actions necessary to obtain, administer, and dispose of real and personal property, intangible property, business property, benefits, and income.[2]
  • Signing Requirements – Two Witnesses and Notary Public.[3]

Sample

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