![]() ![]() With a POA a person (principal) can designate another person (agent) to act on the principal’s behalf. Statutory forms are available to download on this website and at the MSU Extension Estate Planning website under the Power of Attorney MontGuide at Why have a Power of Attorney (POA)? Agent’s Certification as to the Validity of Power of Attorney and Agent’s Authority.The MontGuide also highlights some of the risks of a POA and explains features of two forms that were included in the Act: Those who are asked to rely on the POA authority, such as financial institutions, businesses and other entities.The person who is authorized to make decisions on behalf of the principal (agent) and,.The person who gives the power (principal).The Act sets out provisions for the creation and use of a POA and provides safeguards that are designed to protect: This article has been adapted from the Montana State University Extension Office’s MontGuide, “Power of Attorney.” The purpose of this MontGuide is to provide information about the Montana Uniform Power of Attorney Act (effective October 1, 2011). A wife and husband who want to give each other authority to manage finances should either one should become incapacitated.An elderly grandmother with macular degeneration wants her daughter to identify bills received in the mail and write checks for them because she can no longer see. ![]() An adult with a cognitive or psychiatric disability who lives and works independently, but needs assistance with financial decisions.A single woman whose mother has Alzheimer’s disease realizes she would need someone to make financial decisions if she develops the same condition.Examples of situations in which a written POA could be useful include: A POA is a document in which one person gives another person the power to conduct certain actions on his or her behalf. There are Montanans who, because of their circumstances, could benefit from having a Power of Attorney (POA).
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