Updated on March 5th, 2021
An Alaska limited power of attorney is a legal document used to temporarily grant an individual (“agent”) the right to handle certain tasks on behalf of another (“principal”). The agent’s powers aren’t broad but instead limited to a particular set of responsibilities. For instance, an agent may be appointed to manage the principal’s investments, sign checks, withdraw funds from a checking account, or buy and sell real estate. This document is non-durable, pointing to the fact that the agent’s authority terminates in the event the principal can’t communicate their wishes any longer.
Signing Requirements (AS 13.26.600) – Notary Public