eForms Logo

Massachusetts General (Financial) Power of Attorney

A Massachusetts general power of attorney allows a person ("principal") to appoint someone else ("agent") to manage their financial affairs. This is common for a principal who trusts their agent to make decisions on their behalf while they may be in another location or not interested in handling the day-to-day tasks of a business.
PDF Word ODT

Updated June 17, 2024

4.8 Stars | 17 Ratings
Downloads: 379

Laws

  • Statutes – Chapter 190B: Massachusetts Uniform Probate Code
  • Signing Requirements (M.G.L.A. 190B § 5-103) – Specific signing requirements for executing powers of attorney are not mentioned under Massachusetts law. The Principal should still seek acknowledgment from two credible witnesses or a notary public in order to attest their signature. However, note that any delegation by, or at the direction of, a parent/guardian of a minor or incapacitated person must sign in the presence of two witnesses of 18 years of age or older, neither of whom is the temporary agent. (Section 5-103.)