Indiana power of attorney forms allow individuals to appoint representatives to take care of their finances and healthcare decisions. Using the durable power of attorney and living will forms (medical power of attorney), agents can be given the authority to act on behalf of the principal in the event of their incapacitation. The purpose of this is to ensure that the principal is taken care of and that their wishes are carried out during any period of incapacity. In addition to giving authority to financial and health care agents, power of attorney forms are commonly used in hiring third parties to file taxes or sell property on the principal’s behalf.
By Most Popular
An Indiana durable power of attorney form is a document by which an individual (principal) can authorize an agent (attorney-in-fact) to act on their behalf during their lifetime and in the event that they become incapacitated or die. This authorization is used primarily for making financial decisions in the principal’s interest. In Illinois, there is no restriction as to who individuals can appoint as their…
