Permitted in Rhode Island?
Yes, a POA can be written so that it becomes effective at a later date or upon a specified event happening, like the principal’s incapacity or “incompetency”.[1]
Signing Requirements
Must be signed by the principal and the signature must be acknowledged by notary public.[2]
“Incapacity” Definition
“Incapacitated” means lacking the ability to manage property and business affairs effectively by reason of mental illness, mental deficiency, physical illness or disability, chronic use of drugs, chronic intoxication, confinement, detention by a foreign power, disappearance, minority, or other disabling cause.[3]