eForms Logo

General (Financial) Power of Attorney Form (Non-Durable)

Create a high-quality document now!

General (Financial) Power of Attorney Form (Non-Durable)

Updated March 19, 2024

A general power of attorney (GPOA) form allows a person (principal) to choose and give an agent powers over their financial matters. It is non-durable, which means if the principal becomes mentally incompetent (incapacitated), the agent’s powers terminate.

Determining Disability

Disability is described as the inability of a principal to manage their personal and business affairs and is determined by a licensed physician.

By State

Table of Contents

What is a General Power of Attorney (GPOA)?

General power of attorney is the act of allowing another individual, known as the agent, to make specified financial decisions on the principal’s behalf. The form can be customized to match the specific financial needs of the principal.

(Video)

Common (Financial) Powers

  • Power to make or collect payment;
  • Power to acquire, lease, or sell real estate;
  • Deposit or withdraw on bank accounts;
  • Motor vehicle ownership or registration;
  • Gifts;
  • Filing taxes;
  • Borrowing or lending money;
  • Signing contracts;
  • Run a business;
  • Handle insurance claims;
  • Make legal decisions; and
  • Access a safe deposit box.

How to Get a General POA (3 steps)

  1. Powers
  2. Select Agent(s)
  3. Execute

1. Powers

Obtaining a general power of attorney starts with knowing the “power” you wish to grant your agent (attorney-in-fact). Because this is a “General” power of attorney, the principal needs to carefully read through the general power of attorney form and initialize in the blank underline to the left of the paragraph explaining the power. There are 16 powers to choose from; if you do not see the power you need, initialize next to “Other” and manually describe the power you wish to give to the agent.

2. Select Agent(s)

Finding an agent is the next step which is the person who will act on the powers that you give. This person should be well trusted, coherent, and very reliable. Depending on the powers that you give, this person has the potential to cause great damage to your life if they don’t carry out the powers correctly. For extra precaution, it’s also possible to list two agents on your power of attorney. The added benefit to having two agents; if one dies or is unavailable when needed, the other can act on your behalf.

3. Execute

Now that you have both the powers you want to give and the agent who will execute them for you, you can proceed to fill out your general power of attorney form. When finished, it’s mandatory that both the agent and principal sign the document while also having 2 witnesses. Note: Witnesses can’t be family-related. A notary public’s signature is also recommended. Give copies of the document to your agent and those who need to be informed and keep the original in a safe place.

Signing Requirements

State Signing Requirements Statute
 Alabama Notary Public

Ala.Code 1975 § 26-1A-105

 Alaska Notary Public

AS § 13.26.600

 Arizona

One (1) Witness and Notary Public

A.R.S. § 14-5501

 Arkansas

Notary Public

A.C.A. § 28-68-105

 California

Two (2) Witnesses or Notary Public

Prob. Code § 4121

 Colorado

Notary Public

C.R.S.A. § 15-14-705

 Connecticut

Two (2) Witnesses and Notary Public

C.G.S.A. § 1-350d

 Delaware

One (1) Witness and Notary Public

12 Del. C. § 49A-105

 Florida

Two (2) Witnesses and Notary Public

F.S.A. § 709.2105

 Georgia

One (1) Witness and Notary Public

Ga. Code Ann., § 10-6B-5

 Hawaii

Notary Public

HRS § 551E-3

 Idaho Notary Public

I.C. § 15-12-105

 Illinois

One (1) Witness and Notary Public

755 ILCS 45/3-3

 Indiana

Two (2) Witnesses or Notary Public

IC 30-5-4-1

 Iowa

Notary Public

I.C.A. § 633B.105

 Kansas

Notary Public

K.S.A. 58-652

 Kentucky

Notary Public

KRS § 457.050

 Louisiana

Principal Only

La. Civ. Code art. 2993

 Maine

Notary Public

18-C M.R.S.A. § 5-905

 Maryland

Two (2) Witnesses and Notary Public

MD Code, Estates and Trusts, § 17-110

MD Code, Estates and Trusts, § 17-202

 Massachusetts

Two (2) Witnesses

M.G.L.A. 190B § 5-103

 Michigan

Two (2) Witnesses or Notary Public

M.C.L.A. 700-5501

 Minnesota

Notary Public

M.S.A. § 523.01

M.S.A. § 523.23

 Mississippi Principal Only

Miss. Code Ann. § 87-3-101, et seq.

 Missouri

Notary Public

V.A.M.S. 404.705

 Montana Notary Public

MCA 72-31-305

 Nebraska Notary Public

Neb. Rev. St. § 30-4005

 Nevada Notary Public

N.R.S. 162A.220

 New Hampshire Notary Public

N.H. Rev. Stat. § 564-E:105

 New Jersey Notary Public

N.J.S.A. 46:2B-8.9

 New Mexico Notary Public

N. M. S. A. 1978, § 45-5B-105

 New York Two (2) Witnesses and Notary Public

G.O.B. Law § 5-1501B

 North Carolina Notary Public

N.C.G.S.A. § 32C-1-105

 North Dakota Principal Only

N/A

 Ohio

Notary Public

R.C. § 1337.25

 Oklahoma Notary Public

58 Okl. St. Ann. § 3005

 Oregon Principal Only

N/A

 Pennsylvania

Two (2) Witnesses and Notary Public

20 Pa. C.S.A. § 5601

 Rhode Island Notary Public

Gen. Laws 1956, § 18-16-2

 South Carolina

Two (2) Witnesses and Notary Public

S.C. Code § 62-8-105

 South Dakota Notary Public

SDCL § 59-12-4

 Tennessee Principal Only

N/A

 Texas Notary Public

V.T.C.A., Estates Code § 751.0021

 Utah Notary Public

U.C.A. 1953 § 75-9-105

 Vermont

Notary Public

14 V.S.A. § 4005

 Virginia Notary Public

VA Code Ann. § 64.2-1603

 Washington

Two (2) Witnesses or Notary Public

RCWA 11.125.050

Washington D.C. Notary Public

§ 21–2601.05

West Virginia Notary Public

W. Va. Code, § 39B-1-105

 Wisconsin Notary Public

W.S.A. 244.05

 Wyoming Notary Public

W.S.1977 § 3-9-105