A New Hampshire general power of attorney is used by an individual (the principal) to hand over control of their financial, legal, or personal affairs to a third party (the agent). Depending on the scope of the agent’s powers outlined in the document, the agent will then be able to represent the principal in financial affairs, property dealings, and business management as if the principal were themselves present. A general power of attorney becomes ineffective if the principal is no longer mentally sound, meaning the agent wouldn’t be able to continue to act on their behalf. The signing requirements of a general power of attorney are the principal, agent, and a notary public.
Durable Power of Attorney – A durable power of attorney grants financial powers to the principal’s selected agent. These powers remain in place even in the event of the principal’s incapacitation.