Maryland General (Financial) Power of Attorney

A Maryland general (financial) power of attorney form is a document used to convey certain financial powers to another trusted person. With these powers, the agent is tasked with representing the principal's best interests and acting on their behalf up until the powers are revoked or the principal is unable to revoke the document.

Updated June 17, 2024

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Laws

Statutes – Maryland General and Limited Power of Attorney Act (§§ 17-101 — 17-203)
Authority (MD Code, Estates and Trusts, § 17-202) – An agent under a personal financial power of attorney may act on behalf of the principal and exercise broad authority as granted by the agreement.
Signing Requirements (MD Code, Estates and Trusts, § 17-110 & MD Code, Estates and Trusts, § 17-202) – Two Witnesses and Notary Public.

Maryland General (Financial) Power of Attorney