The Alaska durable power of attorney is for any person seeking to have someone else represent their financial best interests if they are not able to do so. The term “durable” allows for the form to remain valid even if the principal becomes incapacitated or mentally disabled. This allows a safety net for any individual or business to ensure someone is there to take care of financial responsibilities. The form becomes legally binding after it has been properly signed with the principal in front of a notary public.
Laws – AS 13.26.332
Signing Requirements – Notary Public