General & Financial Power of Attorney Studio
Generate formal durable financial POAs, limited transactional powers, or revocations with witness and notary jurat blocks.
1. Instrument Type & Jurisdiction
2. Principal (Grantor) & Agent (Attorney-in-Fact)
3. Granted Statutory Powers
GENERAL DURABLE POWER OF ATTORNEY
I, Eleanor Vance Montgomery, residing at 405 Ocean Ave, Santa Monica, CA 90402 (the "Principal"), hereby appoint Lucas Vance Montgomery, residing at 128 Wilshire Blvd, Los Angeles, CA 90024 as my true and lawful attorney-in-fact (the "Agent"), to act in my name, place, and stead in any way which I myself could do if I were personally present. If my Agent is unable or unwilling to act, I appoint Sophia Montgomery Cole (Successor Agent) as Successor Agent.
The Principal hereby grants to the Agent full power and authority to exercise the following statutory powers:
- Banking Transactions: To open, maintain, or close checking, savings, and credit accounts; draw checks; deposit funds; and conduct safe deposit box access.
- Real Estate: To purchase, sell, mortgage, encumber, lease, exchange, and convey any interest in real property.
- Business Operations: To control, manage, vote shares, execute shareholder consents, and operate any business enterprise or partnership in which Principal holds an interest.
- Tax Matters: To prepare, sign, and file federal, state, and local income tax returns (IRS Form 2848/8821), negotiate refunds, and settle tax controversies.
- Legal & Claims: To prosecute, defend, settle, arbitrate, or compromise legal disputes, claims, and actions.
This Power of Attorney is durable and shall NOT be affected by subsequent disability, incapacity, or incompetence of the Principal. Any third party receiving an executed copy of this instrument may rely on it without independent verification of its revocation or modification.
We, the witnesses, sign our names to this Power of Attorney, being first duly sworn, and do hereby declare that the Principal signs and executes this instrument willingly in our presence as their free act.
On this _____ day of ____________, 20___, before me, the undersigned notary public, personally appeared the Principal proved to me through satisfactory evidence of identification to be the person whose name is signed above.