The Nevada Durable (Financial) Power of Attorney produces a legal document to convey one person’s exclusive authorizations regarding financial matters to an outside party. The established controls are deemed durable, meaning that the permitted actions will persist even if the principal succumbs to debilitating illness or a sustained unconscious state. The extended powers can be defined as designated by the declarant depending on the information recorded within the document. The contract can be helpful as a precautionary measure should the unexpected occur, confirming an attorney-in-fact to handle financial affairs until a mental or physical recovery is reached.
Laws
Statute – Nevada Revised Statutes – Power of Attorney (Uniform Act) (§ 162A.010 – 162A.660)
Definitions – “Durable” with respect to a power of attorney, means not terminated by the principal’s incapacity (§ 162A.040).
Signing Requirements – To create enforceability of the agreement, it must be signed before a notary with establishing signatures (§ 162A.220(1)).
Revocation – § 162A.270
Other Versions
OpenDocs Version
Download: Adobe PDF
Additional Resources
- Dempsey, Roberts & Smith Law Firm – Information Regarding the NV Statutory Power of Attorney
- Jay R. Larsen, Esq. – Nevada Power of Attorney
- State Bar of Nevada – Power of Attorney Forms Informational Brochure
Related Forms
Advance Directive (Medical POA & Living Will)
Download: Adobe PDF
General (Financial) Power of Attorney
Download: Adobe PDF, MS Word (.docx)