A Wyoming general power of attorney form is drafted by an individual (the “principal”) to name a trusted representative (the “attorney-in-fact”) who will be authorized to perform certain acts on their behalf. Through the executed document, the attorney-in-fact can be granted sweeping authority to make financial decisions for the principal or manage their property. Generally, it allows the principal to have actions carried out that would otherwise require their presence.
The arrangement comes into effect either when the principal executes it or on a date specified in the document. To prove the validity of their signature on the power of attorney, state law (§ 3-9-105) requires that the principal must obtain a notary acknowledgment when they sign the document.
Signing Requirements (§ 3-9-105) – Notary Public
Durable Power of Attorney – Allows the principal to appoint a representative whose powers of attorney will not be terminated in the event of their incapacitation.