The Michigan General (Financial) Power of Attorney is your standard POA document that allows users to choose from an array of financial powers to convey to a third-party individual. The authority can pertain to the principal’s money, property, taxes, insurance, benefits, investments, etc. Once accomplished, the appointed individual, known as the “agent” or “attorney-in-fact”, will have the ability to operate as the grantor, giving them the ability to receive and sign any documentation needed to execute the assigned tasks. It should be noted that this particular form is designed to expire if the principal should ever become disabled and lose the capacity to function independently.
Laws
Statute – No Legal Statute (Although there are no laws specifically mentioning the general/non-durable POA, individuals should refer to § 700.5501 – § 700.5505 and disregard the portions referencing durability.)
Signing Requirements – Acknowledgment of Two (2) Witnesses and/or Notary Public Recommended
Other Versions
eSign Version
Download: Adobe PDF, MS Word (.docx)
Related Forms
Advance Directive (Medical POA & Living Will)
Download: Adobe PDF, MS Word (.docx)
Durable (Financial) Power of Attorney
Download: Adobe PDF