Alabama Durable Power of Attorney Effective Immediately

nThis Document Prepared by: _____________________________________Name _____________________________________Address\n\n_________________ as identification.\n\n_________________________________ Signature of person taking acknowledgment (Notary Public) _________________________________ Name typed, printed, or stamped\n\nstrument was acknowledged before me this _____ day of ____________________, ______ by __________________________ (name of Principal), who is personally known to me or who has produced _______________E AGENT ASSUMES THE FIDUCIARY AND OTHER LEGAL RESPONSIBILITIES OF AN AGENT.\n\nNotary\'s Acknowledgment\nState of __________________________ ) ) ss County of ________________________ ) The foregoing i________________________ Name: ___________________________________ City: __________________________________ State: ___________________________________\nBY ACCEPTING OR ACTING UNDER THE APPOINTMENT, THnature: ___________________________________ Name: ___________________________________ City: __________________________________ State: ___________________________________ Witness Signature: ___________ted that he understands the nature of this document and is signing it freely and voluntarily. Furthermore, the Principal appears to be of sound mind and does not appear to be under duress. Witness Sig at ____________________ (city), __________________________ (state). ________________________________ Signature of (\"Principal\") On this day ______________ (date) I declare that the Principal indicar of Attorney at any time by providing written notice to my Agent. IN WITNESS WHEREOF, __________________________ (name of Principal) has executed this Durable Power of Attorney on ____________ (date). However, Agent will be liable for breach of fiduciary duty, failure to act in good faith and/or willful misconduct, while acting under the authority of this Power of Attorney. I may revoke this Poweying in good faith on the authority of this document, without notice of such termination, shall be held harmless. Agent shall not be liable for losses resulting from judgment errors made in good faith the third party for any claims that arise against the third party because of reliance on this power of attorney. If this Durable\n\nPower of Attorney is terminated by operation of law, any person reles a copy of this document may act under it. Revocation of the power of attorney is not effective as to a third party until the third party has actual knowledge of the revocation. I agree to indemnifyor ownership with respect to any life insurance policies I may own on the life of my Agent; and/or (c) my assets to be subject to a general power of appointment by my Agent. Any third party who receivased on this document. The powers granted to my Agent by this power-of-attorney are limited to the extent necessary to prevent (a) my income to be taxable to my Agent; (b) my Agent to have any rights and not be affected by any partial invalidity. No person needs to inquire as to the reasons for the use or issuance of this power-ofattorney or as to the disposition of any proceeds paid to my Agent bner. If any part of this document is held to be invalid, illegal or unenforceable under applicable law, then the remaining unaffected parts of the document shall still remain in full force and effect trued as broadly as a General Power of Attorney. The listing of specific terms, rights, acts or powers are not intended to restrict or limit the definition or scope of powers granted herein in any manauthorized personal representative or fiduciary acting on my behalf, my Agent shall provide an accounting for all funds handled and all acts performed as my Agent. This Power of Attorney shall be cons of carrying out any provision of this Power of Attorney. If desired, my Agent shall also be entitled to reasonable compensation for any services provided as my Agent If so requested by myself or any rmation effectively, to communicate decisions, and/or to manage my financial resources and affairs properly. My Agent shall be entitled to reimbursement of all reasonable expenses incurred as a resultity, incapacity or lack of mental competence (except as provided by any applicable statute). As used herein, \"disability\" or \"incapacity\" shall mean a lack of capacity to receive and evaluate infothis instrument. The rights, powers, and authority of this document shall remain in full force and effect thereafter until my death. This Power of Attorney shall not terminate on my subsequent disabilts pass directly or indirectly to my Agent or my Agent\'s estate. This Durable Power of Attorney and the rights, powers, and authority of my Agent shall become effective immediately upon execution of uted to me from any other person, estate, trust, or other entity, as may be appropriate. However, Agent may not disclaim assets, to which I would be entitled, if the result is that the disclaimed asse revocable trust created by me, if such trust exists at the time of such transfer.\n\n17. To disclaim any interest (subject to other provisions of this document), which might be transferred or distriblegal obligations, including any obligations of support which my Agent may owe to others, excluding those whom I am legally obligated to support. 16. To transfer any of my assets to the trustee of anyy powers of appointment I may hold in favor of my Agent, my Agent\'s estate, my Agent\'s creditors, or the creditors of my Agent\'s estate, or (c) use any of my assets to discharge any of my Agent\'s oint, assign or designate any of my assets, interests or rights, directly or indirectly, to my Agent, my Agent\'s estate, my Agent\'s creditors, or the creditors of my Agent\'s estate, (b) exercise ancalendar year, and this annual right shall be non-cumulative and shall lapse at the end of each calendar year. However, my Agent may not, unless specifically authorized by this document, (a) gift, appsfers To Minors Act. Any gifts made shall be limited to gifts that qualify for the federal gift tax annual exclusion, shall not exceed in value the federal gift tax annual exclusion amount in any one al gift tax returns and documents. Gifts to minors may be made to the minor directly or parent, guardian or close friend of the minor or pursuant to the Uniform Gifts to Minors Act or the Uniform Trannal, tangible or intangible property, to such persons or organizations without regard to whether such gifts are a part of my estate planning or otherwise, and if necessary, to file any state and federny agency, including governmental agencies, relating to tax matters and to negotiate, compromise or settle any matter with such agency. 15. To make gifts and charitable contributions of my real, perso or other governmental body, including, but not limited to, federal, state, local or other income and tax returns and necessary and/or related documents; to obtain or provide information to and from aot limited to, attorneys, accountants, investment professionals, brokers and real estate agents. 14. To prepare, or cause to be prepared, sign, and/or file any documents with any federal, state, local business that I currently own or have an interest in or may own or have an interest in, in the future. 13. To employ any professional and/or business assistance as may be appropriate, including but nf the contents. 11. To exercise any and all rights, including proxy rights, with respect to stocks, bonds, debentures, commodities, options or any other investments. 12. To maintain and/or operate anyfe deposit box, vault or other storage area owned or leased by me alone or in conjunction with any other person, including access to their contents, and to examine, remove, keep or otherwise dispose o; to perform any act necessary to deposit,\n\nnegotiate, sell or transfer any note, security, or draft of the United States of America, including U.S. Treasury Securities. 10. To have access to any saher instruments, obtaining bank statements, passbooks, drafts, warrants, money orders, certificates, cashier checks, cash or vouchers payable to me by any person, firm, corporation or political entityuct any business with any banking or financial institution with respect to any of my accounts, including, but not limited to, making deposits and withdrawals, negotiating or endorsing any checks or otted to, checking accounts, savings accounts, certificates of deposit, investment accounts, brokerage accounts, retirement plan accounts, and other similar accounts with financial institutions; to condppoint anyone, including my Agent, to act as my \"Representative Payee\" for the purpose of receiving Social Security benefits. 9. To open, maintain and/or close bank accounts, including, but not limiperform any other reasonable request by any government or its agencies in connection with governmental benefits (including but not limited to, medical, military and social security benefits), and to aension, retirement benefits, retirement plans, insurance benefits and government program including, but not limited to, Social Security and Medicare; to prepare applications, provide information, and other appropriate person and to make any elections and disclaimers under such policies. 8. To receive, deposit, hold, demand, deal with and/or sue to recover all payments I receive from any annuity, pto me by reason of such transaction. 7. To apply for, purchase, maintain and/or deal with insurance and annuity contracts, insurance policies, including life insurance upon my life or the life of any own or may own in the future; the right to remove tenants and to recover possession; and the right to ask for, demand, sue for, collect, recover and receive all monies which may become due and owing ngible (now owned or acquired in the future by me) and to execute any necessary document, instrument or deed for such transactions. This includes the right to sell or encumber any homestead that I now, reinvest and in any other manner (on such terms and at prices my Agent may deem proper) deal with all, any part or any interest in any real or personal property or asset whatsoever, tangible or intag payable, or belonging to, me or in which I have or may hereafter acquire any interest, to have, or use. 6. To maintain, manage, insure, lease, rent, sell, mortgage, improve, repair, exchange, invest deposits, notes, interests, dividends, certificates of deposit, any and all documents of title and demands whatsoever, whether agreed to or disputed, now due or due in the future, owned by, due, owin behalf against any other person or entity. 5. To receive, hold, possess and/or invest any and all sums of money, accounts, debts, bonds, commercial papers, checks, drafts, causes of action, bequests,o request, ask, demand, sue and take any and all legal steps necessary to recover and collect any amount or debt owed to me. 4. To adjust, compromise and settle any claim, against me or asserted on myebts, releases, and satisfaction of mortgages, lien, judgments, security agreements and other debts and obligations and such other instruments in writing of whatever kind and nature as may be.\n\n3. T, withdrawal and deposit slips, certificates of deposit of, or investments with or through banks, savings and loan, brokers, mutual fund companies or other institutions, proofs of loss, evidences of d, trust deeds, security agreements, leases, mortgages, notes, insurance policies, receipts, title documents, checks, drafts, letters of credit, stock certificates, proxies, warrants, commercial papersnt necessary to enter into any such contract and/or agreement, including but not limited to applications, assignments, bills of sale or lading, bonds, contracts, covenants, conveyances, deeds, optionst any and all lawful business of whatever kind or nature, on my behalf and in my name. 2. To enter into binding contracts on my behalf and to sign, endorse and execute any written agreement and documey do or cause to be done by virtue of this power of attorney and the rights hereby granted. My Agent\'s powers and authority shall include, but not be limited to: 1. To conduct, engage in, and transac personal, tangible or intangible, or matter whatsoever as I could do if personally present. I hereby ratify and confirm all acts that my Agent, or my Agent\'s substitute or substitutes, shall lawfullform any act, power, duty, legal right or obligation whatsoever that I now have or may later acquire in connection with or relating to any person, item, transaction, thing, business, property, real orng an address at: _____________________________________________________ my true and lawful attorney-in-fact for me and in my name, and in my behalf. My Agent shall have full power and authority to per____________________ (\"Principal\") maintaining an address at _______________________________________________ do hereby make and appoint ________________________________________ (\"Agent\") maintainiT AUTHORIZE ANYONE TO MAKE MEDICAL AND OTHER HEALTH-CARE DECISIONS FOR YOU. YOU MAY REVOKE THIS POWER OF ATTORNEY IF YOU LATER WISH TO DO SO.\n\nKNOW ALL PERSONS BY THESE PRESENTS: I, ________________AKEN BY YOUR AGENT, WITHIN THE SCOPE OF THIS POWER OF ATTORNEY DOCUMENT, IS LEGALLY BINDING UPON YOU. IF YOU HAVE ANY QUESTIONS ABOUT THESE POWERS, OBTAIN COMPETENT LEGAL ADVICE. THIS DOCUMENT DOES NO) ARE PROVIDING ANOTHER PERSON (\"AGENT\") WITH THE POWER TO HANDLE BUSINESS AND LEGAL MATTERS ON YOUR BEHALF, INCLUDING THE POWER TO SELL, MORTGAGE OR DISPOSE OF YOUR PROPERTY. ANY SUCH ACTION UNDERT.\n\nDURABLE POWER OF ATTORNEY\nEffective Immediately\n(CAUTION): THE POWERS GRANTED BY THIS DOCUMENT ARE BROAD AND\nSWEEPING. BEFORE SIGNING THIS DOCUMENT, CONSIDER ITS CONSEQUENCES. YOU (\"GRANTOR\"INESS INTERRUPTION) HOWEVER USED AND ON ANY THEORY OF LIABILITY, WHETHER IN CONTRACT, STRICT LIABILITY, OR TORT (INCLUDING NEGLIGENCE OR OTHERWISE) ARISING IN ANY WAY OUT OF THE USE OF THESE MATERIALSBLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, EXEMPLARY, OR CONSEQUENTIAL DAMAGES (INCLUDING, BUT NOT LIMITED TO, PROCUREMENT OF SUBSTITUTE GOODS OR SERVICES; LOSS OF USE, DATE OR PROFITS; OR BUSCULAR NEEDS. THE MATERIALS ARE USED AT YOUR OWN RISK. IN NO EVENT WILL: I) FLF, ITS AGENTS, PARTNERS, OR AFFILIATES; OR II) THE PROVIDERS, AUTHORS OR PUBLISHERS OF ITS MATERIALS, BE RESPONSIBLE OR LIA of these materials. THESE MATERIALS ARE PROVIDED \"AS-IS.\" FLF DOES NOT GIVE ANY EXPRESS OR IMPLIED WARRANTIES OF MERCHANTABILITY, SUITABILITY OR COMPLETENESS FOR ANY OF THE MATERIALS FOR YOUR PARTIerials is not a substitute for legal advice. Only an attorney can provide legal advice. An attorney should be consulted for all serious legal matters. No Attorney-Client relationship is created by useforms packages offered for sale, generally include state specific instructions.\n\nDISCLAIMER:\nFindLegalForms, Inc. (\"FLF\") is not a law firm and does not provide legal advice. The use of these mat is not intended as and is not a substitute for legal advice. Furthermore, this information is general information that is not state specific. Whenever appropriate, the instructions included with the recorded as a public record, if necessary. Although, some states don\'t require that a Durable Power of Attorney be witnessed, it is always a very good idea to do so. Please note that this informationl be dealing with any real property. Notarization will make it more difficult for any third party to challenge the validity of the Power of Attorney and will allow the Durable Power of Attorney to be the Grantor. The Grantor can revoke a Durable Power of Attorney at any time. A Durable Power of Attorney should always be notarized, even if your state does not require it, especially if the Agent wil A Power of Attorney is a \"powerful\" instrument and should be granted with care. Any action undertaken by the Agent, within the scope of the Power of Attorney document, will be legally binding upon person acting as the Attorney-In-Fact for the Principal does not need to be a lawyer. Almost anyone can be appointed an Attorney-In-Fact by a power of attorney. The Agent should be a competent adult.ffective immediately and remains in full force and effect even if the Principal (i.e. the Grantor) later becomes incapacitated. Note that the word \"attorney\" is not used here to mean \"lawyer\". The or \"Grantor\") to authorize someone else (called the \"Agent\" or \"Attorney-In-Fact\") to act on his or her behalf, even if the Principal later becomes incapacitated. This particular Form becomes e at www.findlegalforms.com\n\nGeneral Information\nDurable Power of Attorney Effective Immediately\nA Durable Power of Attorney allows a natural \"mentally\" competent person (called the \"Principal\"ng with an attorney first. An Attorney should be consulted before negotiating any document with another party. The purchase and use of these forms is subject to the Disclaimers and Terms of Use foundress of the person who prepared it. These forms are not intended and are not a substitute for legal advice. These forms should only be a starting point for you and should not be used without consultinted by this document are very broad and sweeping, as the Agent has the power to handle business and legal matters on the Principal\'s behalf. At the bottom of the document, indicate the name and addincipal should be careful in instructing the Agent (or attorneyin-fact) as to the tasks the Agent should complete. The Grantor should also be very careful in the selection of the Agent. The powers grapouse or children, and the Notary should not be witnesses. The Principal should keep the original document, as well as a copy. The Agent should have access to the original document as needed. The Pr a public record, if necessary. Although not always required, it is always a good idea to also have two witnesses sign the Power of Attorney. The witnesses should be adults. The Agent, the Agent\'s squently incapacitated. The Principal (i.e. the person granting the power of Attorney) should sign the document before a Notary. Notarization will allow the Durable Power of Attorney to be recorded as& Checklist\nDurable Power of Attorney Effective Immediately\n This Durable Power of Attorney becomes effective immediately and remains effective even if the Principal (i.e. the Grantor) becomes subseDurable Power of Attorney Effective Immediately\n\nThis Packet Includes:\n1. General Instructions & Checklist 2. General Information 3. Durable Power of Attorney Effective Immediately\n\nInstructions