Laws

Statute – Tax Matters (755 ILCS 45/3-4(i))

Definition – “Agency” means the written power of attorney or other instrument of agency governing the relationship between the principal and agent or the relationship, itself, as appropriate to the context, and includes agencies dealing with personal or health care as well as property. An agency is subject to this Act to the extent it may be controlled by the principal, excluding agencies and powers for the benefit of the agent. (755 ILCS 45/2-3(a))

Signing Requirements – Acknowledgment of Two (2) Witnesses or a Notary Public