76 Downloads

The New Hampshire General (Financial) Power of Attorney sets forth a concrete commitment to effectively issue denoted permissions from one party to another. The document aids in clarifying the terms of the arrangement for accepted transfer of authorization allowing an attorney-in-fact to act on behalf of the owning individual. The prepared paperwork will then back the assigned agent in carrying out specified tasks in the principal’s absence. The contract can be helpful when the declaring party is unavailable to sign documents or when preparing estate financial matters for possible worst-case scenarios.

Laws

Statute – New Hampshire Statutes – Uniform Power of Attorney Act (§ 564-E:101 – 564-E:403)

Definitions – “General power of attorney” means a power of attorney that is not limited by its terms to a specified transaction or series of transactions, to a specific purpose, or to a specific asset or set of assets, or a power of attorney that grants an agent the authority to do any one or more of the acts described in RSA 564-E:201(a) (§ 564-E:102(7)).

Signing Requirements – Notarization mandated by the state legislature in order to finalize the contract (§ 564-E:105(a)(1)).

Revocation – § 564-E:110