Permitted in Mississippi?
Yes, a power of attorney may be written so that it becomes effective at a later date or when a specified future event happens, like the principal’s incapacity.[1]
“Incapacity” Definition
Mississippi law does not expressly define the term “incapacity” as related to a power of attorney. Therefore, the principal should clearly define their intended meaning of “incapacity” on the POA.
For reference, the Uniform POA Act defines “incapacity” to mean the inability of an individual to manage property or business affairs because the individual:
(A) has an impairment in the ability to receive and evaluate information or make or communicate decisions even with the use of technological assistance; or
(B) is:
(B) is:
(i) missing;
(ii) detained, including incarcerated in a penal system; or
(iii) outside the United States and unable to return.
(ii) detained, including incarcerated in a penal system; or
(iii) outside the United States and unable to return.