A power of attorney (POA) is a legal document that allows you to appoint someone else to make decisions on your behalf if you become unable to do so yourself. A dual power of attorney is a type of POA that sets two people to act as your agents. This can be helpful if you want a backup plan in case your first agent cannot serve.
What is a dual power of attorney?
A dual power of attorney is a legal document that appoints two people to act as your agents. The two agents are known as "co-agents" or "joint agents." When you create a dual power of attorney, you will need to specify the powers that you want your co-agents to have. These powers can include the ability to make financial, medical, and legal decisions on your behalf.
How to create a dual power of attorney
To create a dual power of attorney, you will need to download a fillable PDF form from a reputable source. Once you have downloaded the form, you will need to fill in the following information:
Your name and address
The names and addresses of your co-agents
The powers that you want your co-agents to have
The date that the power of attorney takes effect
The date that the power of attorney expires
Signing a dual power of attorney
Once you have filled in the form, you will need to sign it in front of two witnesses. The witnesses must also sign the form. If you cannot sign the form yourself, you can have someone else sign it on your behalf.
Revoking a dual power of attorney
You can revoke a dual power of attorney at any time. To do this, you will need to sign a written revocation document. The revocation document must be signed in front of two witnesses.
Benefits of using a dual power of attorney
There are several benefits to using a dual power of attorney. First, a dual power of attorney can provide you with peace of mind knowing that you have a backup plan in case your first agent is unable to serve. Second, a dual power of attorney can help to ensure that your financial and medical affairs are handled smoothly if you become incapacitated. Third, a dual power of attorney can help to avoid conflicts between your co-agents.
Conclusion
A dual power of attorney is a valuable legal document that can provide you with peace of mind and help to ensure that your affairs are handled smoothly if you become incapacitated. If you are considering creating a power of attorney, I recommend creating a dual power of attorney.
Download the fillable PDF form here:
https://www.buymeacoffee.com/editableforms/e/149035