A Massachusetts general power of attorney is a document that lets individuals choose an agent to oversee their financial duties. A general power of attorney grants broad powers over the principal’s real estate, investments, assets, and bank accounts. It is also non-durable, so the agent’s authority is only valid while the principal is alive and mentally competent.
A Massachusetts general power of attorney is a document that lets individuals choose an agent to oversee their financial duties. A general power of attorney grants broad powers over the principal’s real estate, investments, assets, and bank accounts. It is also non-durable, so the agent’s authority is only valid while the principal is alive and mentally competent.
Massachusetts law doesn’t specify a signing requirement for financial power of attorney forms. However, it’s suggested that the document be notarized.
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