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The Tennessee General (Financial) Power of Attorney is a legal document used to perform the bestowing of selected held powers from one party to another for a stated period. Unlike a durable power of attorney form, the general agreement is terminated if the principal enters a sustained unconscious state or can no longer communicate their wishes. The person permitting the choice controls has the ability to indicate which to allocate to the designated attorney-in-fact. The contract collects the information involved in the transaction, such as the names and addresses of the principal and agent and the defined authorities to be retained. Once the paperwork is prepared, the commitment can be initiated by endorsement from the participating parties as well as a notary public or two (2) witnessing individuals.

Laws

Statute – Uniform Durable Power of Attorney Act ( § 34-6-101 – § 34-6-112)

Definition – § 34-6-109

Signing Requirements – Legal standing of the accord will need to occur with the help of a commissioned notary or two (2) suitable witnesses (§ 34-6-203).