This General Power of Attorney is created pursuant to the laws of the State of Iowa and grants broad powers to an individual to act on another's behalf. It is a powerful legal document and should be used with caution.
NOTICE: The powers granted by this document are broad and sweeping. If you have any questions about these powers, obtain competent legal advice. This document does not 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.
I. THE PARTIES
Principal: ____________________________________ [Principal's Full Name]
Principal's Address: ___________________________ [Principal's Address, City, State, Zip]
Attorney-in-fact/Agent: ________________________ [Agent's Full Name]
Agent's Address: _____________________________ [Agent's Address, City, State, Zip]
II. EFFECTIVE DATE
This Power of Attorney is effective immediately upon signing and shall remain effective until it is revoked.
III. GRANT OF POWER
For valuable consideration, the receipt and sufficiency of which is hereby acknowledged, I, the Principal, appoint the above-named Attorney-in-fact/Agent as my true and lawful attorney to:
- Conduct any and all financial transactions on my behalf;
- Buy or sell real estate on my behalf;
- Enter into binding contracts on my behalf;
- Manage and conduct banking transactions;
- File and pay taxes on my behalf;
- Exercise powers over trusts, retirement plans, and insurance policies;
- Handle matters related to government benefits;
- Conduct business operations and transactions.
This Power of Attorney authorizes the Agent to act for me in any way that I could act for myself with regard to my property and assets, except for those powers that I have specifically limited or excluded in this document.
IV. SPECIAL INSTRUCTIONS
If there are any specific limits on the above powers or if you wish to extend specific powers to the Agent not listed above, describe them here:
___________________________________________________________________________________________________
V. DURABILITY
This General Power of Attorney shall not be affected by the subsequent disability or incapacity of the Principal.
VI. REVOCATION
This Power of Attorney may be revoked by the Principal at any time, provided that any revocation will not be effective until the Agent receives notice in writing of such revocation.
VII. GOVERNING LAW
This document shall be governed by the laws of the State of Iowa, without regard to its conflicts of law provisions.
VIII. SIGNATURES
Principal's Signature: _______________________________ Date: ____________
Agent's Signature: _________________________________ Date: ____________
Witness Signature: _________________________________ Date: ____________
IX. ACKNOWLEDGMENT
This document was acknowledged before me on __________ (date) by ___________________ (name of Principal) and ___________________ (name of Agent).
Notary Public: ____________________________________
My commission expires: ____________________________
