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Michigan Durable (Financial) Power of Attorney Form

A Michigan durable power of attorney is a form that allows a person ("principal") to select someone else ("agent") to handle some or all facets of their finances. This is common for anyone who is seeking to have someone else take care of their business and financial decisions if they should become incapacitated.
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Updated July 30, 2024

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Signing Requirements

Two witnesses or a notary public. [1][2]

Laws

Definition of “Durable”

“Durable” means a power of attorney not terminated by the principal’s incapacity.[3]

Definition of “Power of Attorney”

The Michigan Compiled Laws define “power of attorney” as a written record that grants authority to an agent to act in 1 or more matters on behalf of the principal, whether or not the term power of attorney is used.[3]

Statutory Form

The Michigan Compiled Laws includes a sample statutory form for a durable power of attorney.

Sources

  1. § 556.205
  2. § 556.401
  3. § 556.202