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Maryland Statutory Personal Financial Power of Attorney Form

The Maryland statutory personal financial power of attorney is a legal document used by the grantor to authorize the attorney-in-fact to make decisions and act in his/her property related matters.

Maryland Statutory Personal Financial Power of Attorney Form
MARYLAND STATUTORY FORM
PERSONAL FINANCIAL POWER OF ATTORNEY
IMPORTANT INFORMATION AND WARNING
You should be very careful in deciding whether or not to sign this document. The
powers granted by you (the principal) in this document are broad and sweeping. This
power of attorney authorizes another person (your agent) to make decisions concerning
your property for you (the principal). Your agent will be able to make decisions and act
with respect to your property (including your money) whether or not you are able to act
for yourself.
You should select someone you trust to serve as your agent. Unless you specify
otherwise, generally the agent’s authority will continue until you die or revoke the power
of attorney or the agent resigns or is unable to act for you.
You need not grant all of the powers listed below. If you choose to grant less than
all of the listed powers, you may instead use a Maryland Statutory Form Limited Power
of Attorney and mark on that Maryland Statutory Form Limited Power of Attorney which
powers you intend to delegate to your attorney-in-fact (the Agent) and which you do not
want the Agent to exercise.
This power of attorney becomes effective immediately unless you state otherwise
in the Special Instructions.
You should obtain competent legal advice before you sign this power of attorney
if you have any questions about the document or the authority you are granting to your
agent.
DESIGNATION OF AGENT
I, _____________________________________________________________________,
(Name of Principal)
Name the following person as my agent:
Name of Agent:__________________________________________________________
Agent’s Address:_________________________________________________________
Agent’s Telephone Number:________________________________________________
Designation of Successor Agent(s) (Optional)
If my agent is unable or unwilling to act for me, I name as my successor agent:
Name of Successor Agent:________________________________________________
Successor Agent’s Address:_______________________________________________
Successor Agent’s Telephone Number:_______________________________________
Maryland Statutory Personal Financial Power of Attorney Form
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